Federal Government Posts $33.2B Deficit in July

Ferris, Craig T.
August 2006
Bond Buyer;8/11/2006, Vol. 358 Issue 32443, p2
Trade Publication
The article reports on the deficit of the U.S. federal government in 2006. Based on the figures released by the Department of Treasury, the federal government posted $33.2 billion deficit in July 2006, which followed a $20.5 billion surplus in June driven by an increase in income tax collections, compared to a deficit of $53.4 billion in July 2005. So far, receipts have totaled $1.970 trillion for fiscal 2006, compared to $1.746 trillion in the first ten months of fiscal 2005.


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