U.S. runs February budget deficit of $262 billion

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U.S. runs February budget deficit of $262 billion
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The federal government had a budget deficit of $262 billion in February, $46 billion more than the same month a year ago.

The numbers: The U.S. federal government had a budget deficit of $262 billion in February, $46 billion more than the same month a year ago.

Big... The numbers: The U.S. federal government had a budget deficit of $262 billion in February, $46 billion more than the same month a year ago. Big picture: For the first five months of the fiscal year, the budget deficit totaled $723 billion, compared to $476 billion for the year-ago period. For the year to date the government has spent more on Social Security, education and other programs. Individual tax collection has risen modestly.

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