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U.S. deficit grows to $262 billion in February as tax refunds surge

WASHINGTON (Reuters) – The U.S. government posted a $262 billion budget deficit in February, up 21% from a year earlier, as outlays grew and revenues fell, due largely to higher tax refunds issued as the Internal Revenue Service worked through a substantial backlog of unprocessed returns. The post U.S. deficit grows to $262 billion in February as tax refunds surge appeared first on ForexTV... Read More

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Deficit

Grows

262 Billion

February

Refunds

Surge

Forex

Posted: Mar 10 2023, 19:21

Author Name: forextv

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