U.S. Posted $192.78 Billion Total Budget Deficit in February

WASHINGTON -- The U.S. budget deficit grew in February, pushing the year-to-date shortfall past $750 billion as tax revenue fell amid the recession.

The federal government posted a budget deficit of $192.78 billion in the fifth month of fiscal 2009.

February is typically a deficit month. In February 2008, the shortfall was $175.56 billion. A survey of economists by Dow Jones Newswires forecast a deficit in February 2009 of $202.5 billion.

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