Fastest News Updates around the World

June’s US budget deficit of $240.348 billion surpasses all predictions


- Advertisement -

The US Treasury Department report showed that the US budget deficit in June amounted to $227.768 billion, compared with a deficit of $240.348 billion in May.

Analysts polled by DailyFX believe the US budget deficit will be $175 billion.

In July 2022, the US budget deficit was $88.842 billion.

The ministry’s report indicated that U.S. government spending rose 17.6% year-on-year last month to $646.085 billion, while revenues fell 9.2% to $418.317 billion.

Source: News

Leave a Reply

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More