Topic: Federal Deficit
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What is Federal Deficit?
The federal deficit is what they call it when the federal government spends more than they make. The current federal deficit in 2009 is about $1.27 trillion and rising. Read More »
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What is the Federal Budget Deficit?
The federal budget deficit describes the difference between the government's spending and income. During the 2008 budget the deficit was $455 billion and increased in that same year to $1 trillion. Read More »
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How Much is the Federal Deficit?
The current deficit in the United States is 12.1 Trillion dollars. The annual budget is about 2 trillion dollars each year. Makes you wonder where all that dough is going! Read More »
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More Common Questions
Answers to Other Common Questions
federal shortfall that results when the government spends more in a fiscal year than it receives in revenue. To cover the shortfall, the government usually borrows from the public by floating long- and short-term debt. Federal deficits, whi...
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Source: http://www.answers.com/topic/federal-deficit-surplus
From the NY Times: According to the White House, the 2008 federal deficit is projected to be $410 billion, or about 3 percent of gross domestic product. While deficits are rarely positive, this level is within the ranges maintained over the...
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Source: http://wiki.answers.com/Q/How_will_the_federal_bailout_affect_the...
A budget deficit occurs when an entity (often a government ) spends more money than it takes in. The opposite of a budget deficit is a budget surplus . Debt is essentially an accumulated flow of deficits. In other words, a deficit is a flow...
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Source: http://wiki.answers.com/Q/What_is_the_US_federal_budget_deficit
The Federal Budget deficits are how much debt our government is in. The national debt is now over 9 trillion dollars.
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A deficit is the fiscal year difference between what the US takes in from taxes & other revenues & the amount of money the spent.
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The new Congressional Budget Office figures predict Obama's budget will produce $9.3 trillion worth of red ink over 2010-2019. Cha
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The deficit for fiscal year 2009, which ended Sept. 30, came in at a record $1.42 trillion.
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