The Wenatchee World

Weather:

Weather

The latest extended forecast from The Weather Channel

Remove this weather forecast

Today

Hi39° Chance Rain/Snow

Tonight

Lo31° Slight Chc Rain/Snow

Monday

Hi37° Chance Rain/Snow

Monday Night

Lo33° Slight Chc Rain

Tuesday

Hi42° Chance Rain

Tuesday Night

Lo32° Chance Rain

Wednesday

Hi41° Slight Chc Rain

Wednesday Night

Lo32° Chance Rain

Thursday

Hi40° Chance Rain

Thursday Night

Lo34° Chance Rain

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 optionsorSign in