U.S. budget deficit slims to $90.5B

By Reuters
Posted Sep. 13, 2010 at 1:07 p.m.

The U.S. posted a $90.53 billion budget deficit in August, Treasury Department data showed Monday.

The August deficit was slightly below the $95 billion expected by economists polled by Reuters, and smaller than the $103.56 billionĀ  gap a year earlier.

The department said the gap for fiscal 2010, which ends at the end of this month, was $1.260 trillion, smaller than the $1.371 trillion posted for the first 11 months of fiscal 2009.

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