Last Update: 22-Mar-19 14:35 ET
- The Treasury Budget for February showed a deficit of $233.98
billion versus a deficit of $215.24 billion for the same period one year ago.
Treasury Budget is not seasonally adjusted, so the February deficit cannot be
compared to the $8.7 billion surplus for January.
- Total receipts of $167.27 billion for February
were $11.64 billion more than the year-ago period. Individual Income Taxes
accounted for $56.66 billion of receipts while Social Insurance and Retirement
provided $61.28 billion. Corporate Income Tax receipts were a negative $1.00
billion. Excise Taxes and Custom Duties Taxes were both $5.00 billion while
Miscellaneous Taxes provided $4.00 billion. Estate and Gift Taxes totaled $1.00
- Total outlays in February were $401.24 billion,
$30.38 billion more than the year-ago period. The largest outlay was $87.00
billion for Social Security, followed by $87.00 billion for Income Security,
and $52.00 billion for National Defense. Other large outlays included $52.00
billion for Medicare, $46.00 billion for Health, $25.00 billion for Net
Interest, $16.00 billion for Veterans' Benefits and Services, $13.00 billion
for Other, $11.00 billion for Education, and $8.00 billion for Transportation.
- The fiscal year-to-date deficit is $544.23 billion versus a
deficit of $390.96 billion for the same period ago. The budget deficit over the
last 12 months is $932.27 billion.
|Deficit (-)/Surplus Fiscal YTD
|Deficit (-)/Surplus over last 12 months