US budget deficit for 11 months up $169 billion over 2018
WASHINGTON (AP) — The U.S. government’s budget deficit increased by $169 billion to $1.07 trillion in the first 11 months of this budget year as spending grew faster than tax collections.
The Treasury Department reports that the deficit for August totaled $200 billion, compared to $214 billion in August 2018.
Budget experts project a surplus for September, which would push the total 2019 deficit down slightly below the $1 trillion mark. The Congressional Budget Office is forecasting
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