U.S. budget deficit reached a historical maximum

U.S. budget deficit reached a historical maximum – 1.38 trillion dollars, Itar-Tass, citing a communique of the press service of the U.S. Treasury. In August, the deficit up 111.4 billion dollars, an amount significantly lower than the expert estimate – 152 billion dollars.

The U.S. authorities have noted that this result is further evidence for the stabilization of the economy and the productivity of the stabilization measures.

Last month, the presidential administration official estimates of the adjusted deficit for the 2009 financial year, which ends on 31 September. According to the authorities should draw up the index 1.58 trillion. Earlier talked of 1.84 trillion, but the White House managed to save 250 billion dollars that had to be paid to banks within the anti-crisis program.

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Finance