Situation
Fiscal deficit for the month of May’07 stood at -67.69 bn $
Fiscal deficit as a % of Real GDP stood at - 6.18% at the end of Q1 2007 ( Q1 always tends to have the worst fiscal situation as a % of GDP)
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Background ( click on image for a larger visual)
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Conclusion ( click on image for a larger visual) 
- Q2 always tends to have the best fiscal situation (Q2 for both 2005 and 2006 were at a fiscal surplus)
- We can expect the surplus as a % of GDP to be to be towards a 4.50% for Q2 2007.
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Related links
- USA - Record fiscal surplus in Apr’07 (highest since Apr’01)
- USA - Q1 2007 GDP annual growth revised to a lower level (lowest since 2003 Q3)
- USA - Relationship between Fiscal Deficit and Savings rate ( since 1981 )
- USA - Relationship between GDP and Savings rate ( Quarterly data since 1985 )
- USA - Fiscal situation as a percentage of GDP, under the recent four Presidencies ( since 1980 )
- USA - Manner in which the Deficit has been financed since 1995 ( Savings viz external debt)