Official Treasury Report Shows Fourth Year Of Deficit Growth, Despite Economic Recovery
Publication Date: October 2004
Special Collection: John D. and Catherine T. MacArthur Foundation
Keywords: Economic projections; Fiscal future; Federal budget; National debt
Fiscal Year 2004 ended on September 30, and today the Treasury Department reported that the deficit for 2004 was $413 billion, or 3.6 percent of Gross Domestic Product.