Monday, February 2, 2015

USA Budget for 2016

President sent his budget of $4 trillion.

The budget called for $3.99 trillion in spending for the fiscal year beginning Oct. 1, a 6.4% increase from the current year. It also estimated that revenue would total $3.53 trillion, resulting in a $474 billion deficit, the lowest since 2008.

The budget year starts from 1 October.

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