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Treasury Budget Monday, Jan. 24


Business Outlook: The Week Ahead

TREASURY BUDGET Monday, Jan. 24

The federal government likely had a $7.5 billion deficit in December, say economists surveyed by MMS International, a unit of McGraw-Hill Inc. Although quarterly corporate and individual taxes were paid in December, the government mailed out January's Social Security checks early because Jan. 1 fell on a Saturday. That higher spending pulled the budget into deficit.


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