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US budget deficit at $21B in December 2021

US budget deficit at $21B in December 2021
Total income stood at $487B, spending at $508B, according to latest data

By Tuba Sahin

ANKARA (AA) – The US government posted a budget deficit of $21 billion for December 2021, the Treasury Department said on Wednesday.

The amount was 85% lower than the figure of $143.6 billion in December 2020.

Total receipts stood at $487 billion, while outlays came to $508 billion, the latest data showed.

The budget deficit for the 2021 fiscal year, which ran from Oct. 1, 2020 to Sept. 30, 2021, was at $2.77 trillion – the second-highest on record after $3.13 trillion during the 2020 fiscal year.

source: News Feed
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