US budget deficit shrinks to $1.3tr - Finance & Money Forums

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US budget deficit shrinks to $1.3tr

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10-17-2010, 11:09 AM

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US budget deficit shrinks to $1.3tr

According to Government figures, the US budget deficit fell to $1.294 trillion (£813 billion) in the 12 months to the end of September. The deficit equates to 8.9% of GDP, down from 10% of GDP in 2009, but still represents the highest since the end of the Second World War. The target for President Barack [...]

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