US Federal budget deficit -$307B vs -$303.15B estimate ...Middle East

Prior year -$129.0BFederal budget deficit for Feb 2025 -$307.9B vs -$303.15B estimateYTD deficit $-1.147T vs comarable 2024 deficit of -$828B. That is bigOutlays $603B vs $567B in Feb. This is a recordReceipts $296B vs $271B in Feb

Problem areas:

Debt interest spending is up 10%Social Secuirty up 6% Medicare/Medicade up 5%Defense spending up 8% This article was written by Greg Michalowski at www.forexlive.com.

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