The federal government ran a $13.5 billion deficit in December, the Treasury Department reported Wednesday.
Economists polled by IFR Markets predicted an $11.0 billion deficit.
In December 2017, the government ran a $23.2 billion deficit.
Outlays in December totaled $326.123 billion. Receipts totaled $312.584 billion.
Fitch Ratings cited new rating criteria and increases in state funding in giving Milwaukee a three-notch bond rating boost. The outlook is stable.
The CPI print keeps the possibility of the Fed cutting rates at least once this year, potentially at least two rate cuts if the data continues to point to a trend of inflation falling further, said Jeff Lipton, a research analyst and market strategist.
President Biden promises the Feds will pay to rebuild the Francis Scott Key Bridge.
"It's getting frantic out there," when it comes to competitive grants and drumming up local matches, said William Murdock, executive director of the Mid-Ohio Regional Planning Commission, speaking at a local government event during Infrastructure Week in Washington, D.C.
John Sheldon will fill the deputy treasurer position left vacant when Juan Fernandez retired.
High speed passenger rail line leveraging $3 billion in DOT grants
