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Archive for Friday, August 11, 2006

Deficit running 20.8 percent below last year

August 11, 2006

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— The federal deficit through July is running well below last year's pace, helped by strong growth in revenues, the Treasury Department reported Thursday.

Through the first 10 months of this budget year, the deficit totaled $239.7 billion, an improvement of 20.8 percent from the same period a year ago, when it was $302.8 billion.

The deficit in July totaled $33.2 billion, down sharply from an imbalance of $53.4 billion in July 2005.

Comments

Ragingbear 8 years ago

20.8% below what it was last year.... And 890% higher than it was when Bush first took office.

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Richard Heckler 8 years ago

The Iraq/Afghani war expense is not being included somehow. I suppose this is kinda like cooking the books.

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ksknowall 8 years ago

Any deficit is way too much

Making money out of thin air

The Dems are no better than the Repubs.

Pass the bills to your grandkids instead of being responsible - Thats the R & D way!

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