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| March 11, 2010 |
February's budget deficit: $220.9 billion
Posted by Staff |
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The government racked up a record-high monthly budget deficit of $220.9 billion in February, the Treasury Department announced today.
The latest flood of red ink brings the total deficit for the first five months of the current fiscal year to $651 billion, far exceeding the $589 billion shortfall for the same timeframe in the last fiscal year.
The government ended the 2009 fiscal year with a record $1.4 trillion shortfall. The Obama administration has forecast a $1.56 trillion deficit for this year... |
| 03/11/10 1:27 PM |
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