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Politics : Formerly About Advanced Micro Devices

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To: Don Hurst who wrote (623832)8/10/2011 6:05:16 PM
From: tejek  Read Replies (1) of 1577095
 
Treasury reports $1.09T deficit through July

By Erik Wasson - 08/10/11 03:13 PM ET

The Treasury Department on Wednesday reported the nation has run a $1.099 trillion budget deficit through July.
The deficit is about $70 billion less than last year's budget deficit at this point in the fiscal year. The reason is higher government revenues, the Treasury statement said.

Total spending has increased this year from $2.921 trillion to $2.992 trillion, but receipts to the government are up from $1.753 trillion to $1.893 trillion.

read more.............

http://thehill.com/blogs/on-the-money/budget/176339-deficit-high-but-lower-than-in-2010-treasury-reports
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