WASHINGTON — The federal government’s budget deficit was $137.3 billion in November, down $13.1 billion or 9% from the $150.4 billion gap a year ago, the Treasury Department reported Monday.
The deficit is lower than the median $139 million estimated by economists polled by Thomson Reuters.
Outlays totaled $289.7 billion, $10 billion or 3% less than in November 2010, and receipts were $152.4 billion, $3 billion or 2% higher than a year ago.
In October, Treasury reported a $98.5 billion budget deficit as outlays totaled $261.5 billion and receipts were $163.1 billion. Those numbers were not revised in the November report.