U.S. March budget deficit $198 billion: Treasury

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U.S. March budget deficit $198 billion: Treasury (by Robert Schroeder)

WASHINGTON (MarketWatch) -- The U.S. government ran a budget deficit of $198 billion in March, the Treasury Department reported Wednesday. The March figure pushed the deficit up to $779 billion for the first six months of fiscal 2012. The deficit for the first half of fiscal 2012 is lower than the one recorded in the same period in 2011, but the government remains on track to post another deficit of more than $1 trillion for the entire 2012 fiscal year.

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