WASHINGTON The United States posted a budget deficit of $64 billion in August, down about 50 percent from the same period last year, the Treasury Department said on Friday.
A Treasury official said the August deficit was smaller this year mostly due to $42 billion in payments that were shifted into last month from July.
Accounting for calendar adjustments would leave the August deficit at $112 billion, roughly the same level as in August 2014.
The current fiscal year-to-date deficit stood at $530 billion at the end of last month.
Receipts in August totaled $211 billion, while outlays stood at $275 billion.
(Reporting by Jason Lange; Editing by Paul Simao)