Federal Deficit Hit Document $3.1 Trillion–Extra Than Triple Final Year’s Shortfall, CBO Estimates

Federal Deficit Hit Document $3.1 Trillion–Extra Than Triple Final Year’s Shortfall, CBO Estimates

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Topline Despite lawmakers and the White Condominium failing to reach an settlement on a brand fresh spherical of coronavirus reduction, the federal funds deficit reached a yarn $3.1 trillion in fiscal 2020, fresh estimates launched Thursday cowl. Key Details The federal funds deficit hit $3.1 trillion in fiscal 2020–bigger than tripling the $984 billion deficit from…
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