Tag Archives: Fannie Mae

CBO: US Budget Shortfall at $397B After 9 Months of FY 2016

A Congressional Budget Office report shows the federal government’s budget deficit for the first nine months of fiscal 2016 reached $397 billion, up $81 billion from the shortfall recorded for the same period in fiscal 2015. CBO said Friday that revenues grew one percent to about $2.5 trillion and expenditures increased by four percent to $2.9 trillion over the past …

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CBO: Budget Deficit at $285B After Seven Months of FY 2015

A new Congressional Budget Office report says the federal government’s budget deficit sat at $285 million after seven months of the current fiscal year, a figure $22 billion lower from the prior year period. In a report published Thursday, CBO also says that the government’s receipts and outlays from October 2014 to April 2015 are both …

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