The larger deficit is pretty much in line with analysts' expectations:
The U.S. government’s budget deficit widened 5.3 percent in March, as outlays increased on recurring benefit payments and a subsidy re-estimate for the Troubled Asset Relief Program (TARP).Bakken-related? There are many who feel that the deficit --> debt will eventually lead to commodity inflation, thus increasing the royalty checks for Bakken mineral owners.
The shortfall expanded to $198.2 billion from $188.2 billion a year earlier, the Treasury Department said today. Economists projected a $196 billion gap, according to the median estimate in a Bloomberg News survey.
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