GREY:GUYFF - Post by User
Comment by
sueronon Jun 12, 2012 3:32pm
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Post# 20005285
RE: RE: RE: Gold is climbing
RE: RE: RE: Gold is climbing By Robert Schroeder
WASHINGTON (MarketWatch) -- The U.S. government ran a budget deficit of $125 billion in May, the Treasury Department said Tuesday, pushing the deficit to $844 billion for the first eight months of fiscal 2012. In its monthly budget statement, the Treasury said the government spent $305 billion in May, 31% above the year-ago period. Receipts rose 3%, to $181 billion, the second-highest amount on record for May.