The $1.8 trillion federal budget deficit in the fiscal year that ended in September was the third biggest ever in dollar terms, trailing only the pandemic deficits of the 2020 and 2021 fiscal years.
The US federal budget deficit spiked to a record $3.1 trillion ... In all, government outlays leaped to $6.6 trillion in 2020 from the $4.4 trillion total seen last year. Receipts reached $3.4 ...
President-elect Donald Trump has floated establishing a “Department of Government Efficiency” to make steep cuts to the U.S. federal budget and appointing allies billionaire Elon Musk and former ...
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