MarketWatch reports:
The U.S. federal government deficit soared again in November to $164.4 billion, the Treasury Department reported Wednesday. This is a record shortfall for the month of November. The deficit is $6.7 billion below the November deficit estimated earlier this month by the Congressional Budget Office. The deficit in November 2007 was $98.2 billion. For the first two months of the fiscal year, Treasury reported a record deficit of $401.6 billion. The government spent $99.6 billion in November in various bank bailout programs.
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Source: Treasury
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