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Monthly Budget Review for December 2014 – Total Receipts Up by 11 Percent in the First Quarter of Fiscal Year 2015

Thursday, January 8, 2015 22:41
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(Before It's News)

from the Congressional Budget Office

The federal government’s budget deficit was $175 billion for the first three months of fiscal year 2015, $3 billion more than the shortfall recorded in the same period last year, CBO estimates. Revenues and outlays were both higher (by 11 percent and 9 percent, respectively) than they were at the same point in fiscal year 2014.

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Source: http://econintersect.com/b2evolution/blog1.php/2015/01/09/monthly-budget-review-for-december-2014-total-receipts-up-by-11-percent-in-the-first-quarter-of-fiscal-year-2015

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