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Government Revenue

Despite Public Fears, Federal Deficit Actually Shrank From This Time Last Year

AP | By DEREK KRAVITZ | Posted 01.12.2012 | Business

WASHINGTON -- The federal deficit was lower in the first quarter of the 2012 budget year than the same period last year. Yet, the imbalance remains hi...

GRAPHIC: Explaining The Federal Budget Deficit

The Huffington Post | Posted 12.13.2011 | Business

Since as early as August, it's been clear that the United States federal deficit would top $1 trillion in 2011 for the third year in a row. At 8.7 per...