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
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