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The U.S. federal deficit dropped for the third year to $163 billion for fiscal year 2007, down from a projected $205 billion. The deficit hit a record high of $413 billion in 2004.
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Federal Deficit Drops Questions
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Is the 2009, Federal budget deficit $1.8 trillion? 1 Answerit's projected to be $1.75 trillion by the CBO for FYE 9/30/09...not clear on all the components but $300 bn is attributed to worsening economic conditions and ... read more -
What is the trade deficit balance between the US and Japan? 1 AnswerThe deficit in 2007 was $82.8 billion, and in 2008 it was $72.7 billion. In Jan/Feb 2009, the deficit is $6.5 billion, compared to the Jan/Feb 2008 deficit of $... read more -
Is the 2009, budget deficit $1.8 trillion? 1 Answeryes...the CBO has projected $1.75 trillion for fye 9/30/09 and $1.4 trillion for fye 9/30/10 read more -
If the US is a powerhouse in advanced technologies why does it run a deficit in these areas? 2 AnswersI'm not sure which company you are referring to, but just because the company is American does not mean that all the research and advanced technologies are actu... read more
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