U.S. fiscal deficit goes to U.S. $ 82.69 billion in April


The United States registered a budget deficit of $ 82.69 billion in April, a figure nearly four times larger than the deficit recorded in the same period of 2009 and the highest for the month of the entire series, said the Treasury Department on Wednesday, fair.

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The figure exceeded by more than twice the estimates of Wall Street

The figure exceeded by more than twice the estimates of Wall Street economists polled by Reuters who had expected a deficit of U.S. $ 40 billion. The number surprised since April last month to mark the statements of income taxes.

Treasury officials said there was a surplus in the month of April in 43 of the last 56 years.

With the deficit in April this year, the government has now recorded 19 consecutive months in the red, the highest number of negative history.

In the first seven months of fiscal 2010, ending September 30, the accumulated deficit is $ 799.68 billion, slightly below the $ 802.3 billion in the comparable period of fiscal 2009.

Expenditure in April rose to $ 327.96 billion, up from $ 218.75 billion in March, and also above the $ 287.11 billion in April 2009. It was the highest spending in the months of April in history.

But in the first seven months of the fiscal year, expenditures fell to $ 1.99 trillion, compared to the number of U.S. $ 2.06 trillion over the same period of fiscal 2009, partly due to payments by banks funding received during the financial crisis.

Revenue in April, most of which came from statements of income taxes, stood at U.S. $ 245.27 billion, up from $ 153.36 billion recorded in March but down from $ 266.21 billion in cash placed on April 2009.

The revenue from taxpayers who had until April 15 to declare the income on 2009, fell to $ 107.31 billion, compared to the number of $ 137.67 billion in the same month last year.

For fiscal 2010, the projected deficit is $ 1.5 trillion, up from negative balance of U.S. $ 1.4 billion recorded last year.

The budget director of the White House, Peter Orszag, said in an interview with Reuters Insider on Wednesday that the United States must reduce its deficit quickly to avoid a debt crisis that is battering as Greece.

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