U.S. posts budget deficit of $82.4 billion in May

June 10, 2015 6:02 PM

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U.S. posts budget deficit of $82.4 billion in May

WASHINGTON The United States posted a budget deficit of $82.4 billion in May, a 37 percent drop from the same period last year, the U.S. Treasury Department said on Wednesday.

Analysts polled by Reuters had expected a $98 billion deficit for last month. The deficit was $130 billion in May of 2014, according to Treasury's monthly budget statement.

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