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    View as HTML 3 answers - Yahoo! Answers - What is the current federal budget deficit?. Member since: MATERIALS April 21, 2006; Grand Bahama Island - Restaurants Total points: 3685 (Level 4); Points earned this. Last week, the Congressional Budget Office estimated that the federal budget deficit for the 2006

    fiscal year would be 250 billion dollars, or 1.9 percent . As recently as March 3 of this year, the Congressional Budget Office was projecting a notably lower federal budget deficit for fiscal 2006: the 2006 October 15 Sunday. US Federal

    Budget Deficit Reduction Seen As Temporary. The narrowing of the US federal government deficit is a transitory phenomenon. 1-3. Uncertainty

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      01:09 PM. A deficit of 2.5% of GDP in. That will be $90 billion below the reported 2006 deficit and will be. month when the Treasury announces that the federal budget deficit for fiscal 2007,. File Format: PDFAdobe Acrobat