Official Treasury Report Shows Fourth Year Of Deficit Growth, Despite Economic Recovery
Publication Date: October 2004
Publisher: Center on Budget and Policy Priorities (Washington, D.C.)
Author(s): Richard Kogan; Robert Greenstein
Research Area: Economics
Keywords: Economic projections; Fiscal future; Federal budget; National debt
Type: Report
Abstract:
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.
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