Wednesday, March 17, 2021

The February 2021 Deficit was $321 Billion

 In February 2021, the Treasury had $246 billion in revenue and outlays of $558 billion for a deficit of $321 billion.  Fiscal year to date, the Treasury had $1,434 billion of revenue and outlays of $2,482 billion for a deficit of $1,048 billion. https://www.cbo.gov/system/files/2021-03/57031-MBR.pdf

So the average monthly deficit is about $200 billion, and the deficit for all of fiscal year 2021 should be about $2.4 trillion.

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