The government budget deficit during the month of August was $147.9 billion, the U.S. Department of the Treasury reports. This compares with a $97.6 billion deficit that the government ran in July.

Receipts for the month totaled $185.4 billion, a decrease from $200.0 billion the month prior. Total outlays were $333.3 billion from $297.6 billion.

US Treasury Statement August 2013 600x375 12 Month U.S. Government Budget Deficit Decreases To $680 Billion

budget deficit

The rolling 12 month U.S. government budget deficit through August is $680.1 billion, a decrease from $722.7 billion in July.

Rolling 12 month receipts are 2.7341 trillion, making the rolling budget balance -24.87%.