Budget Deficit in U.S. Widened in May as Spending Increases 10%

``The U.S. budget deficit widened in May from a year earlier on a 10 percent increase in spending, the Treasury Department said. Outlays exceeded receipts by $138.7 billion last month compared with a $124.6 billion shortfall in May 2012, the Treasury said today in Washington. The gap was in line with the $139 billion median estimate in a Bloomberg survey of 23 economists.'' -- And of course, the growth in public debt would be about twice this, as per usual...