HomeBlogUncategorizedUS August Federal budget deficit $167 billion vs $404 billion expected

US August Federal budget deficit $167 billion vs $404 billion expected

The $432 billion deficit last month was near a monthly record but it seems as though much of that spending was pulled forward from August as the latest month shows a nice bounce.

Fiscal Year to date deficit at $1.966 trillion verus $1.973 trillion a year agoOutlates $527 billion vs $689 billion a year agoReceipts $360 billion vs $344 billion a year agoNet cutoms receipts of $12.836 billion

This number could tad some of the pressure of Treasuries but the month-to-month numbers are tough to get a read on because spending shifts around.

This article was written by Adam Button at investinglive.com.


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