Monthly Budget Review

December 6, 2010
Report
Based on the Monthly Treasury Statement for October and the Daily Treasury Statements for November.

Summary

Based on the Monthly Treasury Statement for October and the Daily Treasury Statements for November.

The federal budget deficit was $283 billion for the first two months of fiscal year 2011, CBO estimates, $14 billion less than the shortfall recorded through November of last year. Outlays and revenues alike are higher than they were last year at this time, by about 2 percent and 9 percent, respectively.

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