U.S. Treasury Department's regular 12 monthly payments report shows the U.S. government in December 2010 had a deficit of 80 billion U.S. dollars, in line with expectations, down from last year's 91.41 billion U.S. dollars, the U.S. government for 27 months straight budget deficit.
Size of the deficit in December and October 2010 is not the 1,404.3 billion dollars, and in November of 1,503.9 billion U.S. dollars. U.S. budget deficit narrowed in December, but the U.S. is still much larger than the income of government spending, making the country's already high debt levels are further increased.
However, the first three months of fiscal 2011 exceeded 3,700 billion U.S. dollars budget deficit. And when in September 2011 when at 30 the end of the fiscal year, the annual budget deficit may reach record levels. 2011 fiscal year from October 1, 2010 start.
U.S. government budget deficit in fiscal year 2010 to $ 1,294,000,000,000, and in 2009 was 1.416 trillion level, reaching record levels.
The first three months of fiscal 2011, the budget deficit for the 3,708.2 billion dollars, federal spending totaled 9,026.2 billion, of which 56.78 billion U.S. dollars of debt interest expense. Income of 5,318.0 billion U.S. dollars over the same period, higher than the same period last year.