Federal Deficit Surges to Record $413B
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WASHINGTON - The federal deficit surged to a record $413 billion in 2004, the Treasury Department announced Thursday, injecting the figure into a presidential campaign in which the two parties have clashed over President Bush's management of the economy and the budget.    The number was a significant improvement from the shortfalls that analysts projected earlier this year, including a $521 billion estimate the Bush administration made in February...
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The net wealth of U.S. households rose to $55.63 trillion in the fourth quarter of 2006, and domestic debt grew at a faster rate than in the third quarter, a Federal Reserve report showed on Thursday.
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At $205 billion, the 2007 deficit is expected to be half its '04 peak, as corporate tax revenues surge.
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The U.S. current account deficit  widened slightly to a record $164.71 billion in the third  quarter as the goods trade shortfall grew and the services  surplus shrank, the government said on Thursday.
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The annual US trade deficit rises to a  record $763.6bn, hit by higher oil prices and surging Chinese imports.
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WASHINGTON_ Democrats are blaming President Bush for the record 2004 federal deficit of $413 billion, but Republicans say the figure shows that the economic and budget pictures are brightening.
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The US budget gap expanded to $412.55 billion in fiscal 2004, marking the Bush administration&#39;s second-straight record deficit, the Treasury Department said on Thursday.
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The federal agency that insures pension plans said that its deficit, already at the highest in its history, had doubled in its last fiscal year, to $23.3 billion.
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The current account deficit of the United States hit a record high of 164.7 billion US dollars in the third quarter of this year as a result of increasing demand for imported
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The US federal budget deficit for the first four months of the current spending year falls to $42.2bn, figures show.
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The U.S. government posted a   larger-than-expected $64.61 billion federal budget deficit in   August as outlays for the month were at a record high, a   Treasury Department report showed on Wednesday.
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The federal deficit of the US government hit a record high of US$436.9 billion in the first 11 months of fiscal year of 2004 ending on September 30, the Treasury Department reported on Monday.
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The US Congressional Budget Office (CBO) projected on Tuesday that the federal deficit will hit a record high of 422 billion dollars in fiscal year of 2004 ending on September 30.
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The US budget deficit will hit a record $422 billion in the fiscal year that ends September 30. Tuesday&#39;s report from the non-partisan Congressional Budget Office says the figure represents the largest gap
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The federal budget deficit would have been 69 percent higher than the $162.8 billion reported two months ago if the government had used the same accounting methods as private companies, the Bush administration reported Monday.
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Britain's budget deficit ballooned last month, when the public sector net cash requirement (PSNCR) rose to 10.8 billion pounds (15.5 billion euros, 19.5 billion dollars), the biggest September shortfall on record, official figures showed.
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The broadest measure of the country&#39;s trade and investment flows registered a record deficit of $164.7 billion in the third quarter, the Commerce Department said Thursday.