US budget deficit rose in December
WASHINGTON - The federal budget deficit increased in December and for the third month is running ahead of last year's pace.
The Treasury Department says the deficit totaled $14.4 billion in December. That compares to a small surplus of $1.9 billion in December 2014.
For the first three months of this budget year, the deficit stood at $215.5 billion, an increase of 22 percent over the same period a year ago.
For the entire year, private economists are forecasting a slight improvement from last year's deficit of $438.9 billion. Continued gains in employment are expected to boost federal tax receipts.
Desktop NewsClick to open Continuous News in a sidebar that updates in real-time.
Sunday Journal- Lent at St. Joseph Cathedral
State officials push African-American community to get vaccinated in Ascension Parish
BRG to receive largest Pfizer vaccine shipment this week
Firefighters battle blazing house fire on Terrace Avenue
State wrestling tournament gives downtown BR a boost in business