USA Budget Deficit Decreases YoY - Now Only Less Terrible

December 7th, 2010
in Background

The federal budget deficit was $283 billion for the first two months of fiscal year 2011, CBO estimates, $14 billion less than the shortfall recorded through November of last year. Outlays and revenues alike are higher than they were last year at this time, by about 2 percent and 9 percent, respectively.















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