February Deficit Stable at $308B
US News Today | 2 Min News | The Daily News Now! · The Daily News Now!
Audio is streamed directly from the publisher (api.fastcast.ai) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
Februarys U.S. federal budget deficit stands at $308 billion, mirroring last years figure, as both revenues and spending increased by $17 billion. Revenues surged by 6% to $313 billion, while spending rose by 3% to $621 billion. The Trump administrations first full month saw stronger individual income tax withholding boost revenues, but this was partially offset by higher refunds, including $7 billion more in corporate taxes and $6 billion in individual refunds from last years tax cuts. Customs duties slightly decreased to $26.6 billion, and the impact of the Supreme Courts recent ruling on tariffs remains uncertain due to lagging payments and collections.
Support the show:
Get a discount at https://solipillow.com/discount/dnn.
Advertise on DNN:
[email protected]
This is an automated, high-level news summary based on public reporting.
Report issues to [email protected].
View sources & latest updates:
https://sources.thednn.ai/0d6e3c3a4cd21bd0