Despite a substantial trimming of government bailout spending, the U.S. posted a record 18th straight budget deficit in March.
The government spent $65.39 billion more than it collected last month, the U.S. Treasury said in its monthly budget statement released Monday.
For the first half of fiscal 2010, the government ran a $716.99 billion deficit, compared [...]
The federal government kicked off fiscal year 2010 by posting its widest-ever October budget deficit, the Treasury Department said Thursday.
The $176.36 billion gap is more than $20 billion wider than the shortfall recorded in October 2008, driven up by lower tax receipts, stimulus-related revenue reductions and consistently high government outlays.
Treasury’s monthly budget statement shows receipts were [...]
