January 11, 2013

U.S. Monthly Budget Deficit Nearly Disappeared In December

U.S. Monthly Budget Deficit Nearly Disappeared In December: According to data from the Treasury Department, the U.S.’s monthly budget deficit all but vanished in December, coming in at just $260 million. Analysts had expected a $1 billion deficit for the month: The U.S. government budget deficit narrowed to its most favorable December monthly result in five years, reflecting higher revenue, lower spending and [...]/p