Govt. Posted $3.44B Deficit in December

Ferris, Graig T.
January 2005
Bond Buyer;1/13/2005, Vol. 351 Issue 32049, p2
Trade Publication
The article focuses in the U.S. Treasury Department report, according to which, the U.S. federal government has posted a US$3.44 billion budget deficit in December 2004 as both individual and corporate tax receipts surged. For the first three months of fiscal 2005, the deficit measures US$118.61 billion, compared with US$130.16 billion for the same three-month period of fiscal 2004.


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