The federal government ran a $146.8 billion deficit in May, the Treasury Department reported Tuesday.

Outlays in May totaled $363.871 billion. Receipts totaled $217.075 billion.

In May 2017, the government ran an $88.4 billion deficit.

Economists polled by IFR Markets predicted a $144.0 billion deficit.

In April, the government ran a $214.3 billion surplus.

For the fiscal year to date, the government has a $532.2 billion deficit, compared to a $432.9 billion deficit for the similar period in fiscal 2017.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.
Gary Siegel

Gary Siegel

Gary Siegel has been at The Bond Buyer since 1989, currently covering economic indicators and the Federal Reserve system.