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Accession Number PB2014-103900
Title Monthly Budget Review for January 2014.
Publication Date Feb 2014
Media Count 4p
Personal Author N/A
Abstract The federal government ran a budget deficit of $184 billion for the first four months of fiscal year 2014, CBO estimates, $107 billion less than the shortfall recorded in the same span last year. Revenues are higher and outlays are lower than they were at this time a year ago. Without shifts in the timing of certain payments (which otherwise would have fallen on a weekend), the deficit for the four-month period would have been $141 billion less this year than it was in fiscal year 2013. If lawmakers enact no further legislation affecting spending or revenues, the federal government will end fiscal year 2014 with a deficit of $514 billion, or 3.0 percent of gross domestic product (GDP), CBO estimates. That figure compares with a deficit of $680 billion, or 4.1 percent of GDP, in 2013.
Keywords Congress
Congressional Budget Office(CBO)
Deficits
Estimates
Federal budgets
Financial management
Revenue collections

 
Source Agency Congressional Budget Office
NTIS Subject Category 70B - Management Practice
96 - Business & Economics
Corporate Author Congressional Budget Office, Washington, DC.
Document Type Technical report
Title Note N/A
NTIS Issue Number 1412
Contract Number N/A

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