The Wenatchee World

Weather:

Weather

The latest extended forecast from The Weather Channel

Remove this weather forecast

Overnight

Lo67° Partly Cloudy

Saturday

Hi89° Partly Sunny then Partly Sunny and Breezy

Saturday Night

Lo61° Partly Cloudy and Breezy then Partly Cloudy

Sunday

Hi83° Mostly Sunny

Sunday Night

Lo62° Partly Cloudy

Monday

Hi88° Sunny

Monday Night

Lo61° Mostly Clear

Tuesday

Hi82° Sunny

Tuesday Night

Lo58° Mostly Clear

Wednesday

Hi79° Mostly Sunny

Spending cuts, shutdown lower deficit

Send to Kindle
Print This

WASHINGTON — The U.S. government started the first month of the 2014 budget year with a smaller budget deficit, signaling further improvement in the nation’s finances at a time when lawmakers are wrestling to reach a deal to keep the government open past January.

The Treasury Department said Wednesday that the deficit in October was $91.6 billion. That’s 24 percent lower than the $120 billion imbalance recorded in October 2012. The deficit is the gap between the government’s tax revenue and spending.

View my options or Sign in