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: All the mac and cheese they can eat
- Dave Ramsey says: Don't waste your time,...
- Utah unemployment rate hits five-year low
- Target data breach: Credit monitoring will...
- 'Pay the price or go dark': Going digital a...
- Girls who play with Barbie may not see their...
- Doug Robinson: Gail Miller — Carrying...
- Bitcoin controversy marks Newsweek's comeback
- Dave Ramsey says: Don't waste your... 14
- Girls who play with Barbie may not see... 13
- Utah unemployment rate hits five-year low 11
- 'Pay the price or go dark': Going... 9
- Carry-on crackdown: United Airlines... 3
- House backs bill to block EPA rule... 3
- Salt Lake Bees' stadium renamed Smith's... 3
- In populist appeal, Obama spotlights... 1