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Make Treasury great again: U.S. deficit jumps in two months to $305 billion from $202 billion

Staff Writer |
The U.S. federal government ran a $205 billion deficit in November, according to the Treasury Department.

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Treasury said federal spending in November was $411 billion, up 18 percent from the same month in 2017, while receipts were $206 billion, down 1 percent compared to November 2017.

The total deficit for the first two months of the current fiscal year has widened 51 percent, to $305 billion, compared to $202 billion in the first two months of the prior fiscal year.

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