The federal budget deficit totaled $358 billion in October and November 2021, CBO estimates-$71 billion less than the deficit recorded during the same period last year.
The federal budget deficit totaled $358 billion in October and November 2021, the first two months of fiscal year 2022, the Congressional Budget Office estimates. That amount is $71 billion less than the deficit recorded during the same period last year. Revenues were 24 percent higher than during the same period in fiscal year 2021; outlays increased by 4 percent.
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CBO - Congressional Budget Office published this content on 08 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 December 2021 22:31:05 UTC.
