chinese goods: What happened Spending for the month was 434 billion while the government brought in 225 billion, according to Market Watch. Spending rose 6%, as outlays increased on Medicare, agriculture, military and other programs. The numbers The federal government ran a budget deficit of 209 billion in November, the Treasury Department said Wednesday, an increase of just 2% from a year ago. Receipts climbed by 9%, including higher collection of individual and payroll taxes and corporate taxes. Investors are looking next to Dec. 15, when another round of U.S. tariffs on Chinese goods is due to begin. Customs duties increased by 14% for the month, as a trade conflict between the U.S. and China continues.
(news.financializer.com). As
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Tagged under chinese goods, budget deficit topics.