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budget deficit

The U.S. government ran a big surplus in April, thanks to a flood of tax payments that helped keep the budget on track for the lowest annual deficit in six years. (MANDEL NGAN/AFP/Getty Images)

CBO: US Set For Narrowest Budget Gap Since 2008

The U.S. government ran a big surplus in April, thanks to a flood of tax payments that helped keep the budget on track for the lowest annual deficit in six years.

05/12/2014

A new report released Tuesday says the government's budget deficit is set to fall to $514 billion for the current year, down substantially from last year and the lowest by far since President Barack Obama took office five years ago. (Photo credit should read SAUL LOEB/AFP/Getty Images)

Gov’t Report: Budget Deficit Will Drop To $514 Billion, Lowest In Obama Presidency

A new report released Tuesday says the government’s budget deficit is set to fall to $514 billion for the current year, down substantially from last year and the lowest by far since President Barack Obama took office five years ago.

02/04/2014

The government has reported a $97.6 billion deficit for July but remains on track to post its lowest annual budget gap in five years. (Photo by Chip Somodevilla/Getty Images)

US Budget Deficit Down 37.6 Percent Through July, Lowest In 5 Years

The government has reported a $97.6 billion deficit for July but remains on track to post its lowest annual budget gap in five years.

08/12/2013