2004 Federal Deficit Surges To Record $413 Billion
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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 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 U.S. trade deficit surged to an all-time record of $764 billion in 2006, the Commerce Department said today, as high oil prices increased the nation's import bill and as American consumers continued loading up on products churned out in factories from China to Mexico.
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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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Japan's debt rose 3.7 percent to a new record of 729.228 trillion yen (&#36;6.59 trillion) as of June 30 compared with a year ago, the government said Friday.
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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.    The Treasury Department announced the figure Thursday, two weeks after the government's 2004 budget year ended and just 19 days from an Election Day in which Bush's economic and fiscal performance are pivotal issues...
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The U.S. current account deficit grew to a record &#36;164.71 billion in the third quarter, less than had been forecast, the Commerce Department said on Thursday.
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America's trade deficit soared to an all-time high of &#36;60.3 billion in November, reflecting record levels for imports of everything from oil and consumer goods to farm products, the government reported Wednesday.
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Republicans whisked a &#36;388 billion spending bill through Congress on Saturday, a mammoth measure that underscores the dominance of deficit politics by curbing dollars for everything from education to environmental cleanups.
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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 economy is growing. Tax revenues are climbing. But can these factors rescue President Bush from a federal deficit that seems stuck above $400 billion?
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The number of people unable to pay their debts in England and Wales rises to a record 13,013 at the end of 2004, official figures show.
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The deficit in the broadest measure of trade climbed to a record high of $164.7 billion in the third quarter of this year, reflecting Americans' hardy demand for imported oil and foreign-made goods.
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SEEING RED: The government deficit is so big that the just-passed &#36;388 billion bill financing almost every federal agency in 2005 could be eliminated and there would still be red ink.
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The US trade deficit ballooned to a record high of $617.7 billion last year, pushed by soaring oil prices and Americans' insatiable appetite for everything foreign, from cars to toys and food.
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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 U.S. budget deficit probably hit  $415 billion in the 2004 fiscal year, a smaller number than  previously forecast but still the largest on record,  congressional budget analysts said on Wednesday.