Washington (CNN) The US logged its biggest monthly fiscal gap ever last month.

The budget widened to $234 billion in February, the Treasury Department announced on Friday, compared with a monthly shortfall of $215.2 billion a year earlier.

Last month's budget gap helped push the US government's budget deficit up 39% to $544 billion for the first five months of the fiscal year as federal spending ballooned and revenue mostly stayed the same.

The widening budget gap comes as President Donald Trump's $1.5 trillion tax cut

package has weighed on tax receipts and raised concerns about the country's rising debt, which stands at more than $22 trillion

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