Budget Gap

WASHINGTON - The United States recorded a larger-than-expected US$150-billion budget gap in November, the largest shortfall for any November, Treasury Department data showed Friday.
Economists polled by Reuters had predicted around a US$132-billion shortfall in November after posting a US$120-billion shortfall in November a year earlier.
The government has now posted a budget deficit for 25 straight months, the longest on record, the Treasury Department said.

Read more: Financial Post...