According to the U.S. Treasury Department, the government had a $75 billion budget deficit in June compared to a $90 billion deficit in the same month last year.
Key takeaways from the report ( via Reuters)
- U.S. fiscal 2018 year-to-date deficit $607 bln vs comparable fiscal 2017 $523 bln deficit.
- U.S. June budget outlays $391 bln vs $429 bln in June 2017; receipts $316 bln vs $339 bln in June 2017.
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