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The US budget deficit in December fell by 15 percent year on year United States Of America 

The US budget deficit in December fell by 15 percent year on year

    The US budget deficit declined by 15.2 per cent in December.

    The US Treasury said the deficit fell to $ 23.194 billion in December last year from $ 27.337 billion a year earlier.
    In December, budget revenues grew 2.1 percent to $ 325.797 billion, and expenditures rose 0.7 percent to $ 348.99 billion.
    In the United States, the new fiscal year began in October. The three-month cumulative deficit from October was $ 224.955 billion, an increase of 7.2 percent.
    By the end of September, the US budget was $ 665.826 billion in the US budget, up 13.3 percent year-on-year. The GDP-proportionate deficit grew from 3.2 per cent to 3.5 per cent.
    Last year, in 2001, the US budget was closed yearly. The largest deficit was in 2009, at $ 1.41 trillion, equivalent to 9.8 per cent of GDP.

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