CBO – Monthly Budget Review for June 2013

by Sabrina I. Pacifici on July 10, 2013

Monthly Budget Review for June 2013 – Published July 9, 2013

“The federal government ran a budget deficit of $512 billion from October 2012 through June 2013 (the first nine months of fiscal year 2013), according to CBO’s estimates. That amount is almost $400 billion less than the shortfall recorded during the same period last year because revenues have risen significantly, while the government’s spending has declined.”

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