Budget Deficit Record

Budget Deficit Tops $1 Trillion For First Time

AP | MARTIN CRUTSINGER | Posted 05.25.2011

WASHINGTON _ The federal deficit has topped $1 trillion for the first time ever and could grow to nearly $2 trillion by this fall, intensifying fears ...

Federal budget deficit sets March record $192.3B

AP | MARTIN CRUTSINGER | Posted 05.25.2011

WASHINGTON — The Treasury Department said Friday that the budget deficit increased by $192.3 billion in March, and is near $1 trillion just half...