When in doubt, pray.
November 14 2012
Budget deficit rises to $120 billion in October http://t.co/FFzcVeiZ
November 14, 2012
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Budget deficit rises to $120 billion in October
WASHINGTON (Reuters) - The budget deficit rose in October, the first month of fiscal year 2013, as looming negotiations over expiring tax cuts and imminent spending reductions dominated the post-election political landscape. The Treasury said on Tuesday the October deficit was $120 billion, larger than economist forecasts for a $114 billion gap and up from $98 billion in October of 2011.