The U.S. government ran a deficit of $680 billion in the financial year that ended last month — the first time since 2008 that the annual shortfall has been under $1 trillion. It represents a fall from $1.09 trillion in 2012, but as the AP reports, “It’s still the fifth-largest deficit of all time.”
Read original article – Published October 30, 2013 6:52 PM
U.S. Budget Deficit Falls Under $1 Trillion; Lowest Since 2008
- "We’re all expecting to see this fiscal contraction and a reduction in economic indicators. But the reality is that what’s going on at the state level hasn’t hit the communities yet. It hasn’t hit Juneau yet," local analyst Meilani Schijvens says.
- Scattered throughout Alaska are hundreds of pieces of land that have been transferred to Alaska Native Corporations by the federal government.Some came with contamination. Getting them cleaned up has been a decades long process, and a new report catalogs those contaminated sites, but leaves some questions about who will orchestrate cleanup – and when.
- A bullet struck a Juneau school bus with two students aboard it Wednesday, according to a news release from Juneau Police Department.
- The Kenai Peninsula Borough Assembly has decided to continue allowing religious groups to offer invocations at its meetings after an invocation from a member of the Satanic Temple prompted a call for change.