Mubasher: The United States saw a jump in the budget deficit in November, due to an increased public spending.
Expenditure increased by 18% to $411 billion last month, with revenues remaining stable at $206 billion, as shown by the data of the US Department of Treasury’s monthly report on Thursday.
The $205 billion deficit is the biggest on record in November, compared with a $139 billion in the same month last year.
Source:
Mubasher