The federal government ran an $90.2 billion deficit in June, the Treasury Department reported Thursday.

Outlays in June totaled $428.894 billion. Receipts totaled $338.660 billion.

In June 2016, the government ran a $6.3 billion surplus.

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

For the fiscal year to date, the government has a $523.1 billion deficit, compared to a $399.2 billion deficit for the similar period in fiscal 2016.

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Gary Siegel

Gary Siegel

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