The Traderszone Network

Published in TZ Latest News 13 April, 2015 by The TZ Newswire Staff

Budget deficit rises to $53 billion in March

The United States ended the month of March with a budget deficit of $53 billion, up 43 percent from the same period last year, the U.S. Treasury Department said on Monday. The deficit was $37 billion in March of 2014, according to Treasury’s monthly budget statement. Differences in the monthly calendar affected March’s budget results. If adjusted for timing-related transactions, the budget deficit would have been $89 billion.