May 12th, 2010
02:26 PM ET
4 years ago

U.S. posts April deficit for 3rd time in 30 years

New York (CNNMoney.com) – The government posted only its third April deficit in the past 30 years, according to data released Wednesday by the Treasury Department.

The $82.7 billion shortfall, the most ever run in the month when Americans file their tax returns, brought the deficit for the first seven months of the fiscal year to $799.7 billion. The year-to-date deficit was down marginally from $802.3 billion in the same period a year earlier.

It was the 19th consecutive monthly deficit and surpassed the $20.9 billion shortfall last April.

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Filed under: CNNMoney.com • Economy