Monthly USA Treasury Deficit Grows YoY in January 2011

February 10th, 2011
in econ_news

Econintersect: The USA monthly Treasury statement for January 2011 shows reciepts at $226 billion and outlays at $276 billion for a monthly shortfall of $50 billion.   So far this fiscal year (which began in October), receipts are running 9% higher then last year.

Although expeditures are up as well, the overall budget deficit to date is lower compared to date last year.  Both the CBO (news brief here) and the Treasury are forecasting record deficits this year between $1.4 and $1.5 trillion.

Follow up:

source: US Treasury

 









Make a Comment

Econintersect wants your comments, data and opinion on the articles posted.  As the internet is a "war zone" of trolls, hackers and spammers - Econintersect must balance its defences against ease of commenting.  We have joined with Livefyre to manage our comment streams.

To comment, just click the "Sign In" button at the top-left corner of the comment box below. You can create a commenting account using your favorite social network such as Twitter, Facebook, Google+, LinkedIn or Open ID - or open a Livefyre account using your email address.















 navigate econintersect.com

Blogs

Analysis Blog
News Blog
Investing Blog
Opinion Blog
Precious Metals Blog
Markets Blog
Video of the Day
Weather

Newspapers

Asia / Pacific
Europe
Middle East / Africa
Americas
USA Government
     

RSS Feeds / Social Media

Combined Econintersect Feed
Google+
Facebook
Twitter
Digg

Free Newsletter

Marketplace - Books & More

Economic Forecast

Content Contribution

Contact

About

  Top Economics Site

Investing.com Contributor TalkMarkets Contributor Finance Blogs Free PageRank Checker Active Search Results Google+

This Web Page by Steven Hansen ---- Copyright 2010 - 2016 Econintersect LLC - all rights reserved