U.S. May budget deficit shrinks as revenues rise sharply, Treasury says - Reuters

11:01am PDT - June 10th, 2021    joe kelly - Reuters

The U.S. government posted a May deficit of $132 billion, about a third of the May 2020 deficit of $399 billion, as higher employment and an earlier tax deadline this year boosted receipts sharply, even as COVID-19 pandemic-related outlays grew, the U.S. Trea…