Treasury Revises Budget Deficit
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The US budget deficit expanded to a record $413 billion in the 2004 fiscal year, according to revised numbers, the Treasury Department said Thursday.
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The budget deficit for the current budget year will jump to about $250 billion, the Congressional Budget Office estimated Wednesday, citing the weakening economy
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The US budget deficit will balloon to a cumulative $2.29 trillion over the next decade, congressional analysts said on Tuesday, a worse outlook than previously
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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 George W. Bush&#39;s management of
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The nation's budget deficit will drop to $205 billion in the fiscal year that ends in September, even as a worsening deficit picture for future years makes it more difficult for President Bush to meet his pledge of a surplus by 2012.
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The TreasuryÂs schedule of financing this week includes todayÂs regular weekly auction of new three- and six-month bills and an auction of four-week bills tomorrow.
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The federal budget deficit will  balloon to $2.29 trillion over the next decade, a worse outlook  than previously forecast according to a new report by  congressional analysts, a congressional source with knowledge  of the numbers said on Tuesday.
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The federal deficit of the US government hit a record high of 436.9 billion US dollars in the first 11 months of fiscal year of 2004 which will end in this month, the Treasury Department reported on Monday.
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The US budget deficit widened in May from a year earlier while tax revenue kept the government on course to finish the year with a smaller annual shortfall.
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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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In one of its gloomiest forecasts yet, the Independent Budget Office projected a $3.1 billion budget deficit in the 2009 fiscal year, rising to $4.6 billion in 2010 and $6.3 billion in 2011.
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The U.S. budget deficit will reach  $368 billion this year before any war costs are added in, the  Congressional Budget Office said on Tuesday, according to a  source familiar with the worse-than-expected numbers.
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Additional war spending this year will push the federal deficit to a record $427 billion for fiscal 2005, effectively thwarting President Bush's pledge to begin stanching the flow of government red ink, according to new administration budget forecasts unveiled Tuesday.
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WASHINGTON -- The federal budget deficit, helped by a surge in government revenue, is running 14.1 percent below the pace of last year, the government reported yesterday.
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France has unveiled a budget for 2005 which should bring its deficit back under European Union (EU) limits for the first time in four years.
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The US is set to rack up an even bigger budget deficit than first thought over the next decade, officials say.
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Treasury Secretary John Snow pledged to reduce the US budget deficit, blamed by Europeans for the euro&#39;s gains against the dollar and cited as a risk to global growth by ministers from 20 industrial and emerging economies.