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Politics : Formerly About Advanced Micro Devices

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To: longnshort who wrote (1072988)6/13/2018 1:11:56 AM
From: sylvester80   of 1574761
 
BOMBSHELL..U.S. Budget Deficit Widens 23% October Through May on Weak Revenue Growth
Federal budget deficit was $146.80 billion in May, 66% wider than same month a year earlier
By Sarah Chaney
Updated June 12, 2018 5:43 p.m. ET
wsj.com

WASHINGTON—The U.S. government’s budget deficit widened in the first eight months of the fiscal year, reflecting lower revenue from corporate taxes combined with ramped-up government spending.

The deficit, or the difference between the amount of money the federal government spent and what it took in, totaled $532.24 billion in October through May, the Treasury Department said Tuesday. That was 23% more than the deficit of $432.85 billion during the same period a year earlier.

......link for more
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