US budget deficit falls to $1.3tr

[eppur_se_muova]

Source: BBC

The US budget deficit fell to $1.3 trillion (£813bn) in the year to 30 September, US Congress estimates say.

The deficit, which comes after the end of the US financial year, represented 8.9% of GDP and was £122bn less than the 2009 level.

However it is the second highest since the end of World War II.

The data "underscored the administration's commitment" to cutting the massive deficit, the government said.



Read more: http://www.bbc.co.uk/news/business-11556037

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Nice that I can count on the American media to cover this as prominently as the BBC. :sarcasm:

[nadinbrzezinski]

1. They'll get to it right

After the cancelations of the 2004 Republican primaries, which ran on... The Guardian.

[demi moore]

2. bush policy comming through!

thanks to bush.
obama crashed it the day he got elected and now the bush tax cuts and deregulation are working.

thanks bush!

[fasttense]

3. You forgot your sarcasm thingy.

But I get it . It is so very funny.

So, now that our deficit is under control, we can look forward to millions of new jobs being created.

[RUMMYisFROSTED]

4. I'm not sure -$1.3T "is under control."

[TexasObserver]

5. recommend