The good news for the day is that the expected budget is slightly lower, according to the latest budget review. It now looks to be about $1268 billion for FY 2012 instead of $1322 billion. And don't forget the negative in front.
Revenue will be slightly lower than projected. Defense spending for FY 2012 looks like it will be 650 instead of the 688 previously projected. And the catch-all "Other" category looks to be about 1242 instead of the 1280 previous. A big chunk of this is lower unemployment benefits.
Over all, nothing to get too excited about.
No comments:
Post a Comment