Deficit Falls To Lowest Level Since 2008

http://thinkprogress.org/economy/2013/09/13/2616681/deficit-lowest-2008/

By Alan Pyke on September 13, 2013

New Treasury Department figures confirm what the Congressional Budget Office (CBO) projected in the spring: the budget deficit for fiscal year 2013 will be dramatically lower than it was the past four years. The government recorded a $148 billion deficit in August, 22.5 percent smaller than in the same month of 2012, and is on track to total a $642 billion annual deficit when the fiscal year ends on September 30.

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