U.S.: Budget Deficit At Record High For Fiscal Year 2009

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U.S.: Budget Deficit At Record High For Fiscal Year 2009

December 10, 2008

The U.S. federal budget deficit for the month of November totaled US$164.4 billion, the Treasury Department reported Dec. 10. It is the largest-ever recorded deficit for November, which is the second month of the U.S. government fiscal year. The total deficit for the first two months of the fiscal year is US$401.6 billion, also a record figure.

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