US November federal budget deficit 367B vs 353B expected

There is plenty of seasonality in monthly budget numbers but this is the largest deficit since August and compares to a deficit of $314 billion last November. The Treasury said calendar adjustments for benefit payments boosted outlays by some $80B compared to the same month in 2023

There are no easy fixes here but Americans might be working longer before collecting Social Security.

This article was written by Adam Button at www.forexlive.com.