U.S. budget deficit swells to $898B, topping forecast

THE UNITED STATES budget deficit increased to $898 billion in the 11 months through August. / BLOOMBERG NEWS FILE PHOTO/ANDREW HARRER
THE UNITED STATES budget deficit increased to $898 billion in the 11 months through August. / BLOOMBERG NEWS FILE PHOTO/ANDREW HARRER
NEW YORK - The United States budget deficit widened to $898 billion in the 11 months through August, exceeding the Congressional Budget Office’s forecast for the first full fiscal year under the Trump presidency. The budget deficit rose by a third in the October to August period from $674 billion in the same timeframe a…

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