WASHINGTON, April 12 The United States posted a
monthly budget deficit of $188 billion in March as the
government spent more than twice what it took in last month,
the Treasury Department reported on Tuesday.
The Treasury said the cumulative deficit through the first
half of fiscal 2011, which began Oct. 1, was a record $829
billion, about 16 percent higher than the prior year's $717
billion first half shortfall.
The monthly budget deficit was the second largest shortfall
recorded in any March, outsized only by the $192 billion gap
posted in March 2009.
The monthly shortfall was just shy of the $189 billion
forecast of economists polled by Reuters.
(Reporting by Corbett B. Daly; Editing by Neil Stempleman)