degree of U.S. Treasury budget report released Tuesday said eight government budget deficit to expand, mainly due to increased spending over last year.
report shows that eight U.S. federal government budget deficit of $ 134.2 billion, exceeding 20,108 copies of the $ 90.5 billion; the current fiscal so far, the U.S. government budget deficit was 1.23 trillion U.S. dollars, lower than the same period to . Bloomberg survey of 29 economists surveyed expect the average, eight U.S. government budget deficit to $ 132 billion.
U.S. Treasury said eight U.S. government spending to $ 303.4 billion, a substantial increase over last year 19%; government revenues $ 169.3 billion, up 3.2 percent over last year. The current fiscal so far, the federal government’s personal income tax revenue grew 23 percent, the company tax revenue fell 0.2% year on year. To this point, the federal government’s budget deficit totaled $ 1.26 trillion fiscal 2010 full 1.29 trillion.
government and Wall Street analysts said the income growth and government spending cuts and measures taken to mean that the budget deficit will stop growing. Limit the need for government debt has prompted the U.S. President Barack – Obama (Barack Obama) submitted to Congress earlier this week total $ 447 billion increase in employment plan, stressed that the government will cut in spending the next twelve time and improve the way tax revenue to pay for the cost of the project.
Bank of Tokyo-Mitsubishi UFJ in New York, chief financial economist Chris – Lupu Ji (Chris Rupkey) before the publication of the report, said: “In this recession, the deficit has been the biggest play. “
According to the U.S. federal government and Congress reached the beginning of August the terms of the debt ceiling, Congress has designated a 12-member Special Committee to save up to $ 1.5 trillion of funds. The Special Committee before the end of the plan will be submitted to the Congress, which will be voting.
White House Office of Management and Budget (OMB) and non-partisan Congressional Budget Office (CBO) predicted that up to 930 days in the current fiscal, the total budget deficit will reach 1.3 trillion U.S. dollars, fiscal 2010 about $ 10 billion less. At the same time, these two offices also lowered expectations for the next fiscal deficit. Congressional Budget Office has predicted that in 99 days, eight U.S. federal government budget deficit to $ 132 billion, the deficit growth “because of 201 081 on a weekend, usually at the beginning of each payment to be paid to the specific In the seven pay. ”
Tags: 8 U.S. budget deficit widened to $ 134.2 billion, the United States
White House Office of Management and Budget (OMB) and non-partisan Congressional Budget Office (CBO) predicted that up to 930 days in the current fiscal, the total budget deficit will reach 1.3 trillion U.S. dollars, fiscal 2010 about $ 10 billion less. At the same time, these two offices also lowered expectations for the next fiscal deficit. Congressional Budget Office has predicted that in 99 days, eight U.S. federal government budget deficit to $ 132 billion, the deficit growth “because of 201 081 on a weekend, usually at the beginning of each payment to be paid to the specific In the seven pay. ”