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US federal government has $69.6 billion deficit

Last Updated: Saturday, August 11, 2012, 13:54

The US federal government registered a budget deficit of about USD 69.6 billion in July, bringing the total budget gap for the first 10 months of this fiscal year near the USD 1 trillion mark, the US Treasury Department reported.

Geithner to visit India later this month

Last Updated: Tuesday, June 12, 2012, 10:28

Aiming to further expand the bilateral economic engagement, US Treasury Secretary Timothy Geithner would travel to New Delhi and Mumbai later this month for the third annual meet of the US-India Economic and Financial Partnership.

US reports $232 billion budget deficit

Last Updated: Tuesday, March 13, 2012, 11:31

The US Treasury Department announced Monday that the federal government registered a USD 231.7-billion budget deficit in February.