US Budget Deficit Running Slightly Above Last Year's Pace

April 13, 2015 6:05 PM

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The deficit through the first half of the budget year is running slightly above last year's pace, with the March imbalance up $16 billion over a year ago.

The Treasury Department says the March deficit totaled $52.9 billion compared to a deficit of $36.9 billion in March 2014. Through the first six months of the budget year, the deficit totals $439.5 billion, 6.3 percent higher than last year's six-month deficit of $413.3 billion.

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