Deficit for 2010 falls slightly below last year's record level

The deficit represented 8.9 percent of gross domestic product, down from 10 percent in 2009, based on the most recent estimate of GDP. 

Today's estimate is expected to be in line with deficit numbers set for release by the Treasury Department later this month. 

The deficit in September was $32 billion, the 24th straight month of shortfalls, but was $14 billion less than recorded a year ago.