The United States government posted a monthly deficit of $188 billion in March, with the government spending more than double what it took in last month, the Treasury department said in a report Tuesday.The cumulative deficit through the first half of fiscal 2011, which began on October 1st, was a record $829 billion, about 16% higher than last years $717 billion shortfall in the first half of the year.The monthly deficit was the second largest recorded for March, outpaced by the $192 billion gap posted in March of 2009.Economists had expected a slightly higher deficit of $189 billion for the month.
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US government Posts $188 billion deficit in March
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State on track to end budget year with $197.5 million deficit
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Government hopeful of meeting fiscal deficit target
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Current account deficit widens to record 4.8 percent
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Consumer spending jumps in March
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US deficit shrinks
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US trade deficit widens to US$40.2 billion
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Budget plots course back to fiscal sustainability
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Fiscal deficit target to be reassessed:
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Fiscal surplus plummets in April
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Trade deficit rose to $2.099 billion in July-November
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Consumer prices dip unexpectedly in March
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Fiscal policy is 'out of control.
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US deficit falls:
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US debt reaches $13 trillion for first time
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Consumers repay record levels of debt
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US current account deficit increased 4.3% in second quarter