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Monthly Budget Review for November 2013 1 (December 6, 2013)

handle is hein.congrec/cbo11389 and id is 1 raw text is: .;ii~i~ii D EC EM B ER 6,2 013 Monthly Budget Review for November 2013 The federal government ran a budget deficit of $231 billion for the first two months of fiscal year 2014, $61 billion less than the shortfall recorded in October and November of last year, CBO estimates. Budget Totals, October-November (Billions of dollars) Actual, FY 2013 Preliminary, FY 2014 Estimated Change Receipts 346 380 34 Outlays 638 612 -27 Deficit (-) -292 -231 61 Sources: Congressional Budget Office; Department of the Treasury. Based on the Monthly Treasury Statement for October 2013 and the Daily Treasury Statements for November 2013. Total Receipts: Up by 10 Percent in the First Two Months of Fiscal Year 2014 Receipts for the first two months of fiscal year 2014 totaled $380 billion, CBO estimates-$34 billion more than receipts during the same period last year. Receipts, October-November (Billions of dollars) Sources: Congressional Budget Office; Department of the Treasury. Note: The amounts shown in this report include the surplus or deficit in the Social Security trust funds and the net cash flow of the Postal Service, which are off-budget. Numbers may not add up to totals because of rounding.

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