Federal budget deficit running 41.8 percent above last year
WASHINGTON — The federal budget deficit in December totaled $13.5 billion, helping to push the deficit for the first three months of this budget year up 41.8 percent from the same period the previous year.The Treasury Department said Wednesday that the budget deficit from October through December totals $318.9 billion, up from a deficit of $225 billion for the same three months in the previous year.So far this budget year, tax revenue is up a tiny 0.2 percent, reflecting […]
