>December U.S. Budget Deficit Wider Than Expected
Published January 12, 2012
Reuters
The monthly U.S. budget deficit climbed to $85.97 billion during December from $78.13 billion in the same month a year earlier, partly because some payments normally made in January were shifted to December, the Treasury Department said on Thursday.
Outlays rose to $325.93 billion from $315.01 billion in December 2010. Among the payment shifts to December was about $4 billion in military retirement pay that was sent early because Jan. 1 fell on a Sunday.
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