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U.S. Ran Record $1.9 Trillion Budget Deficit in First Seven Months of Fiscal Year -- Update

WASHINGTON -- The U.S. budget gap widened in the first seven months of the fiscal year, as federal spending continued to outpace rising tax receipts while the nation recovers from the economic fallout from the Covid-19 pandemic.

U.S. Ran Record $1.9 Trillion Budget Deficit in First Seven Months of Fiscal Year

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