U.S. budget deficit widens in October to $136 billion
The federal government ran a budget deficit of $136 billion in October,
up 12% or $15 billion from the same month last year, the Treasury
Department said Thursday. Spending in the first month of the fiscal year
was $348 billion, up 4% from October 2014. Total receipts were $211
billion, a 1% decrease. The Treasury said the October deficit would have
been $80 billion if not for the shifts in timing of some payments. The
Treasury said receipts were hurt because there was one less Wednesday in
October compared to last year. The government's budget year runs from
October through September.
The numbers are a joke, but what the hell.
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