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
- The Legislature hasn't addressed the capital budget, or other important issues facing the state’s future.
- Search-and-rescue efforts were under way Friday for a 21-year-old Hydaburg man whose empty boat was found floating off Prince of Wales Island on Thursday evening.
- After weeks of deadlock, Washington lawmakers could be close to reaching an agreement in principle on a state budget, House and Senate budget writers said Friday.
- Deadheading wilted blooms or bulging seed pods allows some plants to devote their energy to perpetuation instead of propagation.