And net interest was $49 billion, up 41% ytd from the previous year. Fiscal YTD interest is $198 billion. (Note that the deficit was entirely because of interest).
The federal budget deficit was $459 billion in the first four months of fiscal year 2023, the Congressional Budget Office estimates—$200 billion more than the shortfall recorded during the same period last year. Outlays were 9 percent higher and revenues were 3 percent lower from October through January than during the same period in fiscal year 2022. https://www.cbo.gov/system/files/2023-02/58882-MBR.pdf
Outlays are up and revenues are down ... maybe they should cut outlays? Oh they can't because most of the increase is Social Security and Medicare.
Note that in January 2022 the surplus was $119 billion, and the ytd deficit as of the end of January 2022 was only $259 billion.
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