WASHINGTON (Reuters) - The U.S. government had a $192 billion budget deficit in February as outlays far outstripped receipts, the Treasury Department said on Friday.
The budget deficit was $193 billion in February 2016, according to Treasury’s monthly budget statement.
The fiscal 2017 year-to-date deficit was $349 billion compared with $353 billion in the same period of fiscal 2016.
When accounting for calendar adjustments, the deficit last month was $181 billion.
Receipts last month came to $172 billion, a 2 percent increase from February 2016, while outlays stood at $364 billion, up 1 percent from the same month a year earlier.
Reporting by Andrea Ricci