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At the Current Point of 2010 the Federal Budget Deficit is About $1 Trillion

Tuesday, July 13th, 2010

According to the latest Monthly Budget Review at the current point of 2010, the deficit was about $1.0 trillion, about $80 billion dollars less than the shortfall last year at this time. This figure, $1 Trillion, encompasses the first nine months of fiscal year 2010.

Revenues were about the same as they were last [...]