Tuesday - March 26, 2019
CBO: Monthly Budget Review - Summary for Fiscal Year 2018
November 07, 2018
WASHINGTON, Nov. 7 -- The Congressional Budget Office issued the following monthly budget review:

In fiscal year 2018, which ended on September 30, the federal budget deficit totaled $779 billion--$113 billion more than the shortfall recorded in 2017. The deficit increased to 3.8 percent of the nation's gross domestic product (GDP) in 2018, up from 3.5 percent in 2017 and 3.2 percent in 2016. Outlays in 2018 were reduced by a shift in the timing of certain payments; those payments w . . .

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