Posts Tagged ‘FY2013’
Declining Deficit
As of 7/31/13, the FY2013 federal budget deficit was $607 billion, down from $973 billion on 7/31/12, and the full year FY13 deficit is projected to be $759 billion, down from $1.089 trillion last year. Revenues to date are up $278 billion, while outlays are down $88 billion. The deficit as a percent of GDP…
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