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MNI BRIEF: US Has USD191B November Budget Deficit, USD356B YTD

WASHINGTON (MNI)

The Treasury Department Friday said the U.S. had a USD356 billion deficit in the first two months of the fiscal year, with a USD191 billion deficit in the month of November.

The November federal budget deficit was a notch up from October's USD165 billion. Receipts in November were USD281 billion, up USD62 billion, or 28%, compared with the year-ago month. Outlays were USD473 billion, up USD108 billion, or 30%, compared with November 2020.

The October-November deficit was narrower than the prior figure of USD429 billion a year ago.

MNI Washington Bureau | +1 202-371-2121 | evan.ryser@marketnews.com
MNI Washington Bureau | +1 202-371-2121 | evan.ryser@marketnews.com

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