Thursday, September 18


U.S. Deficit Goes Over $400 Billion

WASHINGTON — With one month left in the fiscal year, the U.S. budget deficit moved further into record territory, passing the $400-billion mark for the first time, the Treasury Department said Wednesday.

A shortfall of $76.48 billion last month pushed the fiscal 2003 budget gap to $400.46 billion, a Treasury report said. The fiscal year ends Sept. 30.