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Author Topic: U.S. federal budget shortfall to $322 billion in first quarter of fiscal 2012  (Read 288 times)
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« on: January 12, 2012, 01:45:06 PM »

U.S. Dec. budget deficit $86 billion: Treasury
12 January 2012
, by Robert Schroeder - Washington (MarketWatch)

The U.S. government ran a deficit of $86 billion in December, the Treasury Department reported Thursday, pushing the federal budget shortfall to $322 billion in the first quarter of fiscal 2012.

Receipts were $240 billion in December, compared to spending of $326 billion by the government in the month.

For the fiscal year to date, the deficit fell by $47 billion compared to the first quarter of fiscal 2011.

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