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.
Baton Rouge volunteers create 9/11 mural in honor of victims
Relatives of missing toddler questioned by authorities
LSU takes road win at MSU for 1st SEC victory
Mother arrested in Shreveport for allegedly throwing children off bridge
Multiple agencies searching for missing BR toddler, believed to be in 'imminent...