Posts Tagged ‘FY15 deficit’

During October and November 2013 the federal deficit was $231 billion, $61 billion better than a year earlier. Receipts were up by $34 billion to $380 billion and outlays were down by $27 billion. At this rate, the deficit for all of FY14 will be 3.3% of GDP, down from 4.1% in FY13 and a…