Based on the Monthly Treasury Statement for April and the Daily Treasury Statements for May June 7, 2011: “The federal budget deficit is $929 billion for the first eight months of fiscal year 2011, CBO estimates – $6 billion less than the shortfall recorded over the same period last year. For the first two-thirds of the year, outlays are about 6 percent higher and revenues are about 10 percent higher than they were last year at this time.”