Monthly Budget Review

April 7, 2011

Based on the Monthly Treasury Statement for February and the Daily Treasury Statements for March

The federal government incurred a budget deficit of $830 billion in the first six months of fiscal year 2011, CBO estimates—$113 billion more than the shortfall recorded in the same period last year. Outlays and revenues are both higher than they were last year at this time, by 11 percent and 7 percent, respectively.