U.S. budget deficit smaller than expected in January
WASHINGTON (Reuters) - The United States posted a smaller budget deficit than expected in January, a sign that a stronger economy is helping government coffers through a rise in tax receipts.
The federal government ran $10.4 billion into the red last month, the Treasury Department said on Wednesday in a monthly statement. Analysts polled by Reuters expected a budget deficit of $27.5 billion.
(Reporting by Jason Lange; Editing by Paul Simao)
- Nurse defies Ebola quarantine with bike ride; negotiations fail |
- U.S. quarantines 'chilling' Ebola fight in West Africa: MSF
- UPDATE 7-Four dead, five injured after plane crashes at Kansas airport
- China says nets 180 graft suspects in overseas manhunt
- Ukraine, Russia, EU agree to natural gas supply deal