Arab Today, arab today us deficit down 35 in first 11 months of fiscal 2013
Last Updated : GMT 15:30:54
Arab Today, arab today
Arab Today, arab today

US deficit down 35% in first 11 months of fiscal 2013

Arab Today, arab today

Arab Today, arab today US deficit down 35% in first 11 months of fiscal 2013

Washington - AFP

The US deficit was down 35 percent to $755 billion in the first 11 months of the fiscal year, after posting an August shortfall of $148 billion, the Treasury said Thursday. Although larger than the average monthly spending gap, the August deficit was 22.5 percent lower than August 2012, helped by a slight rise in receipts against a sharper fall in spending. The 35 percent decline over the first 11 months from the same period in the 2012 fiscal year came as receipts rose 13.0 percent to $2.47 trillion while outlays were down 3.9 percent at $3.19 trillion. Despite the gains in narrowing the deficit from the 2009 full-year high of $1.4 trillion, the administration of President Barack Obama is girding for a tough battle with congressional Republicans in the coming weeks over putting through a new financial plan for fiscal 2014, which begins on October 1. Republicans are threatening to block the budget to get further spending cuts and reverse Obama\'s far-reaching health reforms. But the battle threatens to shut down parts of the government if a new budget cannot be passed.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today us deficit down 35 in first 11 months of fiscal 2013 Arab Today, arab today us deficit down 35 in first 11 months of fiscal 2013

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today us deficit down 35 in first 11 months of fiscal 2013 Arab Today, arab today us deficit down 35 in first 11 months of fiscal 2013

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday