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Federal Monthly Budget Totals (CRS Report for Congress)

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Release Date June 28, 2006
Report Number RS22463
Report Type Report
Authors Philip D. Winters, Government and Finance Division
Source Agency Congressional Research Service
Summary:

The annual budget totals for the federal government obscure the variations inreceipts, outlays, and the deficit or surplus that occur monthly. The annual deficits ofthe last four years (FY2001 through FY2005) were punctuated by monthly surpluses.The growth in outlays over those same years were not steady when viewed monthly.Receipts varied both annually and monthly. The monthly variations in receipts followeda pattern based on the timing of federal tax collections. The often substantial monthlychanges in receipts produced almost all of the corresponding changes in monthlysurpluses or deficits.