WASHINGTON -- The federal budget deficit in fiscal 1993 dropped to $255 billion from 1992's record of $290 billion, thanks to a pickup in revenue growth and a slow-down in spending growth, the Treasury reported yesterday.

The drop was in line with analysts' expectations, but notably lower than the Clinton Administration's most recent prediction in July that forecast a $285 billion deficit for fiscal 1993, which ended Sept. 30.

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