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August’s budget deficit up 42%

Holiday widened gap from year ago as benefits were paid earlier

Posted: September 14, 2012 at 3:25 a.m.

The U.S. government’s budget deficit widened more than forecast in August, reflecting an acceleration in spending as some benefit payments were made earlier because of the Labor Day holiday.

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Front Section, Pages 4 on 09/14/2012

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