Sunday, October 7, 2012

US Deficit for FY12


On October 6, 2012, the Congressional Budget Office estimated in its Monthly Budget Review for September that the federal deficit for FY12 ending September 30 was $1.09 trillion. Here are the numbers, including total receipts, total outlays, and deficit compared with the numbers projected in the federal budget published in February 2012:

UPDATE 10/12/2012: Official Treasury numbers added below.  See press release here.

Federal Finances
FY12 Outcomes
Budget
billions
CBO
billions
Treasury
billions
Receipts $2,469  $2,450  $2,449
Outlays$3,795$3,540$3,538
Deficit$1,327$1,090$1,089

The US Treasury will announce announced on October 12, 2012 the official government report on FY12 outcomes later in October.

usfederalbudget.us now shows the new numbers for total FY12 outlays and receipts on its Estimate vs. Actual page, but will not update detailed FY2012 numbers until the FY2014 federal budget is published in February 2013.

1 comment:

  1. why are these charts never seen on TV ?

    ReplyDelete