Federal budget deficit balloons more than expected to $345B in August

2 hours ago 1
Department of Treasury

The U.S. federal government spent $345.0B more than it spent in August, according to the Treasury Department's monthly statement released on Thursday.

That brings the fiscal year-to-date deficit to $1.97T, compared with the $1.90T shortfall recorded over the same period a year earlier.

Read Entire Article