The U.S. budget deficit for 9 months of vingada increased by 31%

Moscow. July 13. INTERFAX.RU – the budget Deficit the U.S. in June was $90,233 billion, while during the same month last year recorded a surplus of $6,252 billion, reported the Ministry of Finance. Budget revenues increased by 2.8% to $338,660 billion.

The costs jumped by 32.7% and reached $billion 428,894 Cause a sharp increase in costs is the transfer of a number of benefits, including the military and the programme of medical assistance to the needy in Medicaid, totaling about $39 billion in June from 1 July, which this year was a non-working day.

For the first nine months of the 2017 financial year, which began October 1 of last year, the budget deficit of the USA increased by 31% to $523,082 billion compared to $399,161 billion in the comparable period a year earlier.

The volume of budget revenues from the beginning of vingada increased by 1.6% to us $2,508 billion. At the same time, costs increased by 5.7% and reached almost $3,031 trillion.

As reported, in late June, the congressional Budget office (CBO), the United States has revised its forecast for the budget deficit of the country in the 2017 fiscal year, which began on 1 October last year, to a maximum of five years to $693 billion (3.6% of GDP) expected in January $559 billion (or 2.9% of GDP).

The budget deficit of the States at the end of 2016 fingado increased for the first time in five years – by a third, reaching $585,646 billion, according to the Finance Ministry. Thus, it grew to 3.2% of GDP compared to 2.4% of GDP in the previous year. The growth of this indicator was the first time since 2009.

The last time a budget surplus was recorded in the USA in 2001. In 2009 was marked the highest deficit in the country’s history – the $1.41 trillion (9.8% of GDP).

The average size of the budget deficit of the United States over the last 50 years is about 2.8% of GDP.