The government says the U.S. budget deficit widened in May by $139 billion, but the annual deficit stayed on track to finish below $1 trillion for the first time since 2008.
The federal government reported a rare surplus for January and is on track to run its smallest budget deficit since President Barack Obama took office.
The federal budget deficit has topped $1 trillion for a fourth straight year. But the deficit for the just-ended 2012 budget year is $207 billion less than last year.
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