The US monthly budget statement
- Last November the deficit was $138 billion
- Two years ago in November it was $136 billion
- Fiscal year-to-date deficit $305B vs $202B a year ago
- Outlays $411B vs $347B prior
- Receipts $206B vs $208B prior
The monthly numbers can be skewed by calendar effects, like the number of Fridays in a month or when holidays fall but the trend in the US budget isn't pretty.