Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Henry J Costanzo who wrote (41115)	11/21/2002 3:12:08 PM
From: Haim R. Branisteanu	Read Replies (1) \| Respond to of 52237

Thu November 21, 2002 02:20 PM ET WASHINGTON (Reuters) - The U.S. government kicked off the new fiscal year in the red, posting a $53.99 billion budget shortfall, the Treasury Department said on Thursday. The shortfall in the first month of the 2003 budget year was larger than Wall Street analysts had been anticipating and was up sharply from October 2001's $7.66 billion gap. However, October 2001 revenues were inflated by the delay of corporate tax payment date. In the 2002 budget year, which ended Sept. 30, the government posted a budget shortfall of $157.67 billion, the first annual deficit since 1997. this represents around 5% of montly GDP, very nice wonder what excusses they will find now