U.S. Budget Deficit Widened in August, Treasury Says

September 13, 2018 via The Wall Street Journal –

U.S. ran $214 billion budget deficit In August, compared with a $107.7 billion budget gap a year earlier.

The U.S. federal budget deficit nearly doubled in August from a year earlier, as government spending swelled and revenues declined.

The government ran a $214 billion deficit last month, compared with a $107.7 billion budget gap in August 2017, due to a 30% rise in government outlays, the Treasury Department said Thursday.

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