Prior month revised to -64.5B vs -44.2B

  • US November budget deficit at 136.7 billion versus deficit of 64.5 billion last year
  • Receipts fell 2.5% year on year to 199.9 billion in November
  • Outlays rose 24.9% year on year to 336.5 billion
  • Year-to-date deficit at 180.8 billion versus 201.1 billion last year
  • As of November, year-to-date receipts were up 1.3%. Outlays fell -2.4%
  • The U.S. Treasury received 3.7 billion last month and 13.5 billion year to date in deposits of earnings by Federal Reserve banks.