The Deficit Is Going Down, And So Is Government Spending

Posted by | July 13, 2011 14:53 | Filed under: Top Stories

June’s budget deficit was $43.1 billion, down from $68.4 billion last June.

For the fiscal year to date, the budget deficit was $970.5 billion compared with $1 trillion the prior fiscal year to date, according to the Treasury’s monthly budget statement.

 And government spending is down:

Spending by the government fell 8.4 percent in June from the same month last year to $292.7 billion.

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Copyright 2011 Liberaland
By: Alan

Alan Colmes is the publisher of Liberaland.

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