Complex sentence: The "2011 Financial Report of the United States Government" was released on December 23,2011, showing a net operating cost and cash-based budget deficit for the year of $1.3 trillion.
Split into simpler sentences: The "2011 Financial Report of the United States Government" was released on December 23,2011. It reported on the implementation of the 2011 Budget, showed a net operating cost and cash-based budget deficit for the year of $1.3 trillion.