Surprise: Government has Budget Surplus in September

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In August, the federal government had a deficit of about 55 billion. But, in September it had a $41.66 billion budget surplus. That compares to a $35.50 billion surplus a year earlier.

Despite the September surplus, the deficit for fiscal 2002 will still come in at about $159 billion. The administration says the deficit is due to the recession, stock market decline and increased spending-much of that for defense which includes fighting terrorism.

The White House says the deficits will continue until fiscal year 2005.

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