The U.S. posted a $130 billion budget deficit in May and the smallest shortfall for the first eight months of a fiscal year since 2008, as a stronger economy and rising employment bolster revenue.
Goldman Sachs Group Inc. economists reduced their forecast for the U.S. budget deficit to $1.25 trillion in the current fiscal year.
Raymond James’s Brown Says U.S. Deficit Improved
Kotlikoff Says Fiscal Gap Hurts Social Services
Coy, Sterngold Interview on U.S. Budget Deficit, Feb. 25
Mann on the Dollar; Makin on U.S. Budget: Audio
Harvard’s Feldstein Says U.S. Tax Policy Misguided