Federal budget deficit jumps to $136.7 billion in November

WASHINGTON — The federal government’s deficit jumped sharply in November but for the first two months of the budget year is running 10 percent lower than a year ago.

The Treasury Department said Monday that the deficit for November totaled $136.7 billion, compared to a deficit of $44.2 billion in October.

For the first two months of the new 2017 budget year, the deficit totals $180.8 billion, 10 percent below the same period a year ago.

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