PRESIDENT GEORGE W. BUSH Message Board

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Politics : PRESIDENT GEORGE W. BUSH

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To: pompsander who wrote (742435)	6/12/2006 4:23:13 PM
From: DuckTapeSunroof	Read Replies (1) of 769670

Budget deficit larger-than-expected 1 hour, 16 minutes ago news.yahoo.com The U.S. government posted a larger-than-expected $42.83 billion federal budget deficit in May, a Treasury Department report showed on Monday. The May deficit compared with a $35.42 billion funding gap in May 2005. Wall Street economists polled by Reuters were expecting a $39 billion budget deficit for May. The cumulative deficit for the first eight months of fiscal 2006, which began October 1, was $226.97 billion, down from the $272.34 billion deficit in the first eight months of fiscal 2005. May outlays rose to $235.49 billion from $188.15 billion in May 2005, while receipts were $192.66 billion, up from $152.73 billion in May a year ago. Receipts for the fiscal year to date were $1.545 trillion, up from $1.369 trillion over the same period a year ago. Copyright © 2006 Reuters Limited.

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