U.S. government posts $8 billion deficit in June
WASHINGTON, July 11 (Reuters) - The U.S. government posted
an $8 billion budget deficit in June, according to data released
on Thursday by the Treasury Department.
Analysts polled by Reuters had expected a $6.35 billion
deficit for the month.
The Treasury said federal spending in June was $342 billion,
down 12% from the same month in 2018, while receipts were $334
billion, up 6% compared with June 2018.
The deficit for the fiscal year to date was $747 billion,
compared with $607 billion in the comparable period the year
When adjusted for calendar effects, the deficit for June
was $55 billion compared with an adjusted deficit of $30 billion
in June 2018. Calendar adjustments had little effect on the year
to date figures.
(Reporting by Andrea Ricci; Editing by Melissa Bland)
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