US posts record $145 billion December deficit as outlays outpace receipts
[Daily Maverick - Zambia] - 13/01/2026
WASHINGTON, Jan 13 (Reuters) - The U.S. government posted a $145 billion budget deficit for December, up 67% or $58 billion from a year earlier due to record outlays that were inflated by calendar shifts in benefit payments and receipts, the Treasury Department said on Tuesday.
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