U.S. Annual Budget Deficit Remains Near 7-Year Low in June
A surplus brought the budget deficit over the last 12 months to $431 billion, down nearly 20% from a year ago
WASHINGTON—The U.S. budget deficit remained near its lowest level in seven years in June amid a brightening economic outlook that has boosted revenues, the Treasury Department said Monday.
The U.S. reported a $52 billion surplus in June, a month in which the government in recent decades has typically generated a surplus on account of corporate...