Comment on US budget deficit surges to $134.5 billion in October

US budget deficit surges to $134.5 billion in October

WASHINGTON (AP) — The federal government, which ended the 2019 budget year with its largest deficit in seven years, began the new budget year with a deficit in October that was 33.8% bigger than a year ago as spending hit a record. The Treasury Department said Wednesday that the deficit last month totaled $134.5 billion, up from a shortfall in October 2018 of $100.5 billion. The government ran up a deficit of $984.4 billion for the 2019 budget year that ended Sept.Read more on NewsOK.com

 

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