United States 98.5 Billion Deficit

Hidayatullah.com-Budget-government of the United States in October 2011 a deficit of 98.5 billion dollars,said the U.S.Treasury Department on Thursday,as reported by Xinhua (11/11/2011).

The deficit was up from the previous month,which touched 6.57 billion dollar figure.However,the deficit is lower than the deficit in October 2010 reached 104.4 billion dollars.

According to the history of the American budget,including a very high deficit.

In October last,which is the beginning of fiscal year 2012,the U.S.federal government revenue of 16307 billion dollars.While spending much leih large,which is 261.54 billion dollars.So according to the U.S.Treasury Department report.

In fiscal year 2009, the government budget imbalance was the highest in the history of the United States, which is 1.41 trillion dollars. While fiscal year 2010 improved slightly to 1.29 trillion dollar figure.

The U.S. Treasury Department said today the total national debt amounted to 14.9 trillion dollars