U.S. posts $108 billion budget deficit in March

April 12, 2016 6:06 PM

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U.S. posts $108 billion budget deficit in March

WASHINGTON 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.

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