WASHINGTON — The federal government ran a $135.2 billion deficit in November, the Treasury reported Wednesday.
The deficit followed a $91.6 billion deficit in October and was lower than the median $150 billion deficit projected for November by economists polled by Thomson Reuters.
A Treasury official said that 59 of the past 60 Novembers have had deficits.
Outlays in November totaled $317.7 billion, compared to $290.5 billion in October. Receipts totaled $182.5 billion in November, compared to $198.9 billion for the previous month.
In November 2012, the government ran a $172.1 billion deficit.
Fiscal year to date, there was a $226.8 billion deficit, compared to a $292 billion deficit for the same period last year. The federal government’s 2014 fiscal year began Oct. 1.
Year-over-year changes to November and to fiscal year-to-date results were impacted by timing-related transactions, Treasury said. Taking into account calendar adjustments, the November 2013 deficit would be $98 billion, $41 billion less than the adjusted deficit in November 2012. The adjusted fiscal year to date deficit through November 2013 is $181 billion, compared with an adjusted $259 billion fiscal year to date deficit through November 2012.
