HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » Forums & Groups » Main » General Discussion (Forum) » Score For Obama! The 2012...
Introducing Discussionist: A new forum by the creators of DU

Sun Oct 7, 2012, 08:52 PM

Score For Obama! The 2012 Deficit Down By $207 Billion And Heading Lower [View all]

The Congressional Budget Office has released its estimate for the fiscal year 2012, just ended on September 30 and the news is good. The federal deficit was just under $1.1 trillion, compared to just under $1.3 trillion at the end of fiscal year 2011, a reduction of $207 billion. As a percentage of the GDP, the 2012 deficit dropped to 7.0 per cent, down from 8.7 percent in 2011 and 9.0 percent in 2010. The actual deficit numbers will be released later this month by the Treasury Department

The September 2012 numbers show an increase in receipts of about $23 billion, or 9% higher than the same period a year ago and a decrease of $115 billion in spending.


MORE...

http://www.addictinginfo.org/2012/10/06/score-for-obama-the-2012-deficit-down-by-207-billion-and-heading-lower/

26 replies, 5279 views

Reply to this thread

Back to top Alert abuse

Always highlight: 10 newest replies | Replies posted after I mark a forum
Replies to this discussion thread
Arrow 26 replies Author Time Post
Reply Score For Obama! The 2012 Deficit Down By $207 Billion And Heading Lower [View all]
ProfessionalLeftist Oct 2012 OP
porphyrian Oct 2012 #1
Cha Oct 2012 #2
ProfessionalLeftist Oct 2012 #5
Cha Oct 2012 #11
Skidmore Oct 2012 #3
ProfessionalLeftist Oct 2012 #6
Cha Oct 2012 #12
Historic NY Oct 2012 #4
femmocrat Oct 2012 #7
Tennessee Gal Oct 2012 #9
mick063 Oct 2012 #8
JoePhilly Oct 2012 #14
girl gone mad Oct 2012 #24
awake Oct 2012 #10
SheilaT Oct 2012 #13
ErikJ Oct 2012 #18
karynnj Oct 2012 #15
jillan Oct 2012 #16
Iliyah Oct 2012 #17
still_one Oct 2012 #19
AllyCat Oct 2012 #20
NOLALady Oct 2012 #21
Mister Ed Oct 2012 #22
ProfessionalLeftist Oct 2012 #23
Mister Ed Oct 2012 #25
Voice for Peace Oct 2012 #26