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Wednesday, December 11, 2013

U.S. runs $135 billion budget deficit in November

U.S. runs $135 billion budget deficit in November 

The U.S. government recorded a budget deficit of $135 billion for November, the Treasury Department reported Wednesday. That is a drop of 21% from the same month a year ago, and puts the fiscal year-to-date deficit at $227 billion. The government brought in $182 billion in receipts in November, a 13% increase based mostly on individual withheld taxes. Spending was $318 billion in the month, down 5%. 

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