The Treasury Department posted a U.S. budget deficit of $95B at the end of July, down 3% from $98B in the same period last year. Fiscal year-to-date, the deficit of $460B is off 24% from the same period a year ago, and the lowest for the first ten months of the fiscal year since 2008. Receipts last month totaled $211B, up 5% from the year-ago period, and spending totaled $305B, up 3% from July 2013.