Monthly Budget Review for April 2018

United States Department of the Treasury Building, Washington DC

The federal budget deficit was $382 billion for the first seven months of fiscal year 2018, CBO estimates, $37 billion more than the shortfall recorded during the same period last year.

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Corrections and Updates

On May 9, 2018, CBO updated the report to clarify that the Treasury Department reported a deficit of $209 billion for March.