(MENAFN) The budget deficit of the US federal government hit USD193.5 billion last month, Xinhua reported
The US Treasury Department said that the revenue in February was USD144.3 billion, up from USD122.8 billion in the corresponding month a year before
The department said in a report that spending during the month hit USD337.9 billion, versus USD326.3 billion in February 2013
The Congressional Budget Office said that it expects the budget deficit to reach USD514 billion in the current fiscal year
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