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Tag Archives: federal deficit

Federal deficit up in January

The federal government ran a bigger deficit in January, pushing the imbalance so far this budget year up 6.2 percent from the same period a year ago. The Treasury Department said Wednesday the deficit for January stood at $17.5 billion ...

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U.S. deficit rises in quarter

The federal deficit for the first three months of the budget year is up slightly from the same period a year ago, reflecting the absence of a special payment from mortgage company Freddie Mac that helped narrow the gap in ...

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Federal deficit higher in October by quirk of calendar

(AP) The federal government started the new budget year with a higher deficit in October, but the increase reflected quirks in the calendar rather than a deterioration in the government’s budget outlook. The Treasury Department says the deficit last month ...

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Budget analysts see 2010 deficit at $1.3 trillion

WASHINGTON — Congress’ budget analysts are estimating that this year’s federal deficit will exceed $1.3 trillion, slightly below last year’s total but still a huge ocean of red ink. The nonpartisan Congressional Budget Office said the enormous shortfall is a ...

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