US budget deficit shrinks in August, year-to-date flat at $1.97 trillion
Sept 11 (Reuters) – The U.S. federal budget deficit for August shrank to $167 billion due to smaller outlays including for ongoing refunds on illegally collected tariffs, a rare drop in interest payments and some calendar shifts in benefit payments, while the fiscal-year-to-date budget gap was essentially flat, totaling $1.97 trillion, the U.S. Treasury said on Friday. The budget gap for the 11 months through August exceeds the full-year fiscal […]