The Week Ahead

FEDERAL BUDGET

Tuesday, Sept. 22, 2 p.m. EDT -- The Treasury is expected to report that August outlays exceeded receipts by $23 billion, based on the median forecast of economists surveyed by Standard and Poor's MMS, a unit of The McGraw-Hill Companies. That deficit would be less than the $35.2 billion gap reported in August, 1997. The budget for all of the 1998 fiscal year is on track to post a surplus in the neighborhood of $70 billion, the largest in the postwar era.

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