Deficit swelled to record of over $3 trillion 11 months into fiscal year
Sunday, September 13, 2020 | Tag Cloud Tags: Congress, deficit, News, Washington, Worthy News | Learn about out FREE SYNDICATION
(Worthy News) – The federal budget deficit swelled to a record of more than $3 trillion with one month left in the current fiscal year, the Treasury Department announced Friday.
The federal government added $200 billion to the deficit in August.
The Congressional Budget Office earlier this month projected increasing deficits due in large part to the federal government’s response to the pandemic. [ Source: Washington Examiner (Read More…) ]
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