US budget deficit up sharply to $108 billion in March
WASHINGTON (AP) — The federal government's budget deficit rose sharply in March, pushing the deficit for the first six months of this budget year above the same period a year ago.
WASHINGTON (AP) — The federal government's budget deficit rose sharply in March, pushing the deficit for the first six months of this budget year above the same period a year ago.
WASHINGTON (AP) — The federal government's budget deficit rose sharply in March, pushing the deficit for the first six months of this budget year above the same period a year ago.
WASHINGTON (AP) — The federal government's budget deficit rose sharply in March, pushing the deficit for the first six months of this budget year above the same period a year ago. Much of the increase in deficits over the next decade will reflect higher costs for Social Security and Medicare as millions of baby boomers retire. In December, Congress approved a budget package that increased spending by $1.14 trillion this year and will provide $680 billion in tax cuts over the coming decade.
AP
WASHINGTON (Reuters) - The U.S. government posted a $108 billion budget deficit in March, more than double the amount from the same period last year, the Treasury Department said on Tuesday.
The government had a deficit of $53 billion in March of 2015, according to the Treasury's monthly budget statement. Analysts polled by Reuters had expected a $104 billion deficit for last month.
Accounting for calendar adjustments, March would have shown a $102 billion deficit compared... Читать дальше...
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