WASHINGTON, United States — Boosts in revenue from taxes and tariffs narrowed the US budget deficit in the October to December period from the year before, Department of Treasury data showed on Tuesday. The deficit shrank by 15 percent from the prior fiscal year, from $711 billion to $602 billion. Overall revenue climbed by 13 percent to $1.2 trillion, while spending rose by two percent overall to $1.8 trillion. Both the revenues and outlays were records, a senior Treasury official told reporters. Among categories, some taxes collected from individuals increased notably while customs duties surged from $23 billion a year ago […]... Keep on reading: US budget deficit narrows in Q4, as tariffs boost revenue