Wednesday, October 11, 2006

BUDGET DEFICIT SMALLER THAN EXPECTED

The fiscal year ended September 30 and it was a record year for revenues and expenditures. The Treasury Department issued a report indicating that the deficit this past year came in at $247.7 billion. Here are the results for the past 10 years in reverse order.

2006 = $247.7 billion deficit
2005 = $318.7 billion deficit
2004 = $412.7 billion deficit
2003 = $377.6 billion deficit
2002 = $157.8 billion deficit
2001 = $128.2 billion surplus
2000 = $236.2 billion surplus
1999 = $125.6 billion surplus
1998 = $69.3 billion surplus
1997 = $21.9 billion deficit

Reuters

No comments: