US budget deficit hits record high

In March, the US federal budget deficit reached $ 660 billion.

US Treasury

The record figure is associated with the state’s support program, which artificially supports the economy of a country severely affected by the pandemic.

The deficit widened to a record $ 1.706 trillion in the first six months of this fiscal year, from a deficit of $ 743 billion in the same period a year earlier, according to data from the Department of Treasury on Monday, April 12.

The ministry said for March increased, not least because $ 339 billion was allocated for one-time payments to the in accordance with the program, which was approved last month.

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