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.
- About Utah: A Salt Lake hit for 152 years ......
- David Muir takes over ABC's 'World News' from...
- Insights from the Behavioral Science Guy:...
- Dave Ramsey says: Pets and rental properties...
- No timeline announced yet for Cottonwood Mall...
- Kennecott hopes project will change mountain...
- 6 financial moves to prevent sleepless nights
- Netflix unveils new way to share recommendations
- 10 things to know about corporate... 32
- Kennecott hopes project will change... 7
- State lawmaker calling for criminal... 5
- Applications for US unemployment aid... 4
- Feds eye stricter rules for railroad... 2
- Obama promoting economic gains as... 2
- Some fear auto industry returning to... 2
- No timeline announced yet for... 2