US Budget Deficit Smaller in December 2010

January 12th, 2011
in econ_news

Econintersect: Driven primarily by higher tax reciepts, the US budget deficit dropped to a fiscal year low of $80 billion on revenue of $237 billion. A summary table for fiscal year 2010, as well as the current f/y 2011:

Follow up:

If it is possible to balance the budget by cutting, here is a year-to-date breakdown of expenditures and expenses:

source: US Treasury



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