BIGGER DEFICITS: The U.S. federal government's budget deficit widened to $172 billion in November compared to $120 billion in October and 25 percent higher than the imbalance in the same month last year.
UNUSUAL CIRCUMSTANCES: Last month's deficit was pushed higher by a calendar quirk that pulled about $33 billion in benefits payments into November from December.
THE OUTLOOK: The results suggest the nation is on a path to its fifth straight $1 trillion-plus deficit. The government finished the 2012 budget year with a deficit of $1.1 trillion. President Barack Obama and Congress are under pressure to curb the deficit as part of a budget deal to prevent tax increases and deep spending cuts from kicking in Jan. 1.
- How much did President Obama donate to his...
- Salt Lake City's inversion problem could mean...
- About Utah: Finally, living the dream in...
- 5 features an Amazon phone might offer
- Crowds to flock to Salt Lake City this weekend
- Ride-sharing business launches despite...
- Study: Fuels from corn waste worse than...
- Balancing act: French ban on after-hours...
- How much did President Obama donate to... 47
- Obamacare may not be as expensive as we... 28
- Salt Lake City's inversion problem... 13
- Budget office: Raising federal minimum... 12
- Sierra Club labels Utah oil shale, tar... 5
- Crowds to flock to Salt Lake City this... 4
- Michelle Obama: High school diploma is... 3
- Delta tops list of most profitable... 3