U.S. Budget Deficit Widened to $124.6 Billion in May
The U.S. government budget deficit widened in May, as spending jumped 31.3 percent from the same month a year ago.
The deficit expanded to $124.6 billion from a $57.6 billion shortfall in May 2011, according to Treasury Department data released today in Washington. The shortfall matches a projected a $125 billion deficit, according to the median [...]
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