U.S. government posts $33 billion budget deficit in January
Share:
WASHINGTON (Reuters) - The U.S. government recorded a $33 billion (£25 billion) budget deficit in January, the Treasury Department said on Wednesday.That compared to a budget surplus of $9 billion in the same month a year earlier, according to the Treasury's monthly budget statement.Analysts polled by Reuters had forecast an $11.5 billion deficit for last month.Unadjusted receipts last month totalled $372 billion, up 10% from January 2019, while unadjusted outlays were $405 billion, a jump of..