It's another new record! Officially, the largest budget deficit, and over $300 billion for the first time!

Yahoo! News - US 2003 Budget Gap Creeps Above $300 Bln : "The year-to-date deficit, still with August and September to go in the budget year, rose to $323.98 billion, Treasury said in its monthly budget statement. July's deficit, at $54.24 billion, was close to expectations and wider than in July 2002, when it was $29.16 billion. "