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The June deficit in the US dollar dropped by 17 percent year on year Finance United States Of America 

The June deficit in the US dollar dropped by 17 percent year on year

The US budget’s June deficit was 17 percent lower than a year earlier.

The US Treasury said Thursday that the deficit was $ 74.858 billion, 17 percent lower than the $ 90.233 billion deficit a year earlier. Experts reported a higher June deficit of $ 98.2 billion.
Last month, budget revenue declined 6.6 percent to $ 316,278 billion, and its release dropped by 8.8 percent to $ 391,136.
In the United States, the new fiscal year began in October. The October-September cumulative deficit shrank by 16.1 percent to $ 607,099 billion.
In nine months, revenue grew 1.3 percent, to $ 2508 billion, and expenditure rose 3.9 percent to $ 3031 billion.
The Congressional Budget Office (CBO) expects a $ 793 billion deficit in the current fiscal year, 19.1 percent more than a year earlier.
By the end of September, the US budget was $ 665.826 billion a year, 13.3 percent higher than the previous 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 biggest deficit was in 2009, at $ 1410 billion, equivalent to 9.8 percent of GDP.

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