The U.S. government posted a $120.3 billion budget deficit in November, the Treasury Department reported yesterday.
The federal government has had a deficit for 14 consecutive months.
The tax receipts took in $133.6 billion as government outlays totaled $253.9 for the month.
Economists polled by Thomson Reuters expected a $135.0 billion budget deficit for November.
The budget deficit for October was unrevised from an initially reported $176.4 billion.
The Inflation Reduction Act, affordable housing and clean energy were among the topics discussed at Baker Tilly's DevelUP conference in Chicago this week.
The replacement Hollywood Burbank Airport terminal won't have more gates, but will be less cramped and resolve its noncompliance with FAA safety regulations.
"Folloing recent yield moves, a generic muni index is now down 1% on the month with no real sub-sector showing much deviation from that result," said Kim Olsan, senior vice president of trading at FHN Financial.
The law firm revealed 2024 promotions.
As the nation's fourth largest city faces a growing structural budget deficit, it is also expecting to issue more than $3 billion of debt for its airport, water and sewer system, convention center, as well as to fund a settlement with firefighters and for cash-flow purposes.
The extension of the current solar net metering system could lower revenue for the utility.
