The U.S. government ran a budget deficit of $134 billion in November, the Congressional Budget Office said in an estimate on Thursday. That’s $2 billion less than the same month last year. For the month, receipts were up $10 billion and spending rose by $8 billion. In the first two months of fiscal 2018, the deficit is running $15 billion higher than in the same period a year ago. The government’s budget year begins in October and runs through September.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Latest posts by Market Watch (see all)
- Is now a good time to book flights to Cuba? - July 17, 2018
- Why financial companies are giving customers the velvet rope treatment - July 17, 2018
- Asia Markets: Asian stocks mostly lower as weak energy shares weigh - July 16, 2018