The federal budget deficit was about $ 1.2 trillion for the first ten months of the financial year 2010, THE CBO estimates--about 90 billion euro less than approximately 1.3 trillion dollar deficit through July 2009. Costs will be approximately 2½% lower than they were last year at this time, and the revenue is around 1% higher. Treasury account reported a deficit of 68 billion dollar June, around 1 billion euro less than THE CBO was predicted on the basis of the Daily Treasury statements. In July, the deficit was 169 billion u.s. dollars THE CBO estimates, 11 billion euro less than a year ago, the difference is posted.
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