Budget Deficit, Congressional Budget Office | featured news

U.S. Had $1.3 Trillion Deficit in Fiscal 2011

The federal government recorded a $1.3 trillion budget deficit in fiscal 2011, the same as the previous fiscal year, the Congressional Budget Office said.

 

Deficit Seen Slightly Below $1.3 Trillion

The federal government recorded a budget deficit of just slightly less than $1.3 trillion in fiscal 2010, the second-worst mark since 1945, the Congressional Budget Office said.

 

CBO Estimates 2010 Deficit At $1.34 Tln

CBO Estimates 2010 Deficit At $1.34 Tln

A new projection from the Congressional Budget Office forecast the federal government's budget deficit for fiscal 2010 would total $1.34 trillion, improving to just over $1 trillion in fiscal ...

 

A gloomier U.S. budget forecast

Congressional Budget Office predicts long-term deficits vastly exceeding White House estimates.

 

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