CBO Projects Record $442 Billion Deficit
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WASHINGTON - The federal deficit will swell to a record $422 billion this election year but fall short of even more dire forecasts, Congress' top budget analysts projected Tuesday in a report that became instant fodder for both political parties.    The nonpartisan Congressional Budget Office said the shortfall would shrink to $348 billion next year - still the third worst ever in dollar terms...
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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 Congressional Budget Office is projecting this election-year&#39;s federal deficit will reach a record $422 billion, congressional aides said
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The U.S. budget deficit totaled about $250 billion in fiscal 2006, down from the previous year's $318 billion, according to preliminary estimates released by the Congressional Budget Office on Friday.
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WASHINGTON -- 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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The deficit at the federal agency  that rescues failed U.S. corporate pensions more than doubled  to $23.3 billion in fiscal year 2004, officials said on Monday,  with analysts largely blaming bankrupt airlines.
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U.S. tax officials collected a  record $43.1 billion in fiscal 2004 from enforcement cases that  scrutinized tax returns of large businesses and high-income  people, the government said on Thursday.
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WASHINGTON - The U.S. trade deficit, propelled by a record foreign oil bill, surged to $54 billion in August, the second highest level in history...
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a deficit of $54 billion -- represented a 6.9 percent widening from July&#39;s trade gap of $50.5 billion. The bad news on trade is likely
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The deficit figure of $427 billion includes part of an additional $80 billion that President Bush requested for Iraq.
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The U.S. current account gap widened again in the second quarter, growing to a record &#36;166.18 billion, the Commerce Department said on Tuesday.
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The deficit at the federal agency that rescues failed US pension funds more than doubled to $23.3 billion in fiscal 2004, officials said on Monday, as the safety net was hit by losses from pension plans that have failed or are
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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
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Record oil import prices and strong   demand for foreign goods ranging from cars to computers helped   pushed the U.S. trade deficit to a record $68 billion in July,   a government report showed on Tuesday.
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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 federal deficit will fall to $205 billion in the fiscal year that ends in September, a considerably smaller figure than earlier estimates and one that is less than half of the peak deficit, in 2004, according to new White House projections.
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The US government budget deficit will be a record 422 billion dollars for the fiscal year to September 30, the Congressional Budget Office said.