The U.S. government ran a $107 billion deficit in the month of August, the Treasury Department reported Tuesday, bringing the shortfall for the first 11 months of the fiscal year to $620 billion.
August’s deficit, which was slightly larger than expected, reflected $338 billion in spending and $231 billion in revenues taken in during the month, both up significantly from the previous year.
Stay informed.Stay ahead.
Join Washington Examiner for unlimited access to the news, analysis, and commentary that matter most.
See Options
Already a member? Log in
Already a print subscriber? Click here to login/register your account
