Government outlays for emergency services, of course, were not insured.
That shows you the powerful effect the lower interest rates are having on a major Government outlay.
The accounting rules make it look like a tax increase but the economic effect is the same as any other reduction in government outlays.
Might the last best hope for convincing Washington to keep government outlays within sight of revenues be lost?
Tax revenues fall as income declines, but Government outlays remain strong.
The inflation measure is used to adjust Government outlays and revenues.
Government outlays for working capital are supposed to be recouped through the sale of those assets.
By that measure, government outlays have declined steadily in recent years, to 18.7 percent of gross domestic product this year.
The total government outlay would be $440 million with $134 million recovered from property sales to developers.
Government outlays are roughly flat, and net exports seem to be inching down.