U.S. government deficit in Feb. smaller than expected

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The federal government ran a $215.2 billion deficit in February, the Treasury Department reported Monday.

Outlays in February totaled $370.871 billion. Receipts totaled $155.623 billion.

In February 2017, the government ran a $192.0 billion deficit.

Economists polled by IFR Markets predicted a $216.0 billion deficit.

In January, the government ran a $49.2 billion surplus.

For the fiscal year to date, the government has a $391.0 billion deficit, compared to a $350.6 billion deficit for the similar period in fiscal 2017.

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