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In its monthly budget report, the Treasury Department said Thursday that the deficit for November was $66.4 billion higher than the imbalance in November 2017. The total as November is $204.9 billion, but a big part of the increase reflected a calendar quirk.

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The federal budget deficit surged to a record for the month of November of $204.9 billion, but a big part of the increase reflected a calendar quirk.

By Associated Press December 15, 2018
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