U.S. Budget Deficit Slips to $91.8 Billion in December


The U.S. economy got some modestly good news on Wednesday, as the nation's budget deficit totaled $91.8 billion in December. According to the U.S. Treasury Department, the bank bailout and stimulus spending kept outlays high, but there was no significant increase in the rate of federal revenue decline, which suggests a bottom may be forming for the government's income.

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