U.S. budget deficit
The Latest
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U.S. Deficit To Exceed GDP This Year: Estimates
Congressional Democrats and Biden are seeking to pass the $1.9 trillion boost through budget reconciliation. Congressional Democrats and Biden are seeking to pass the $1.9 trillion boost through budget reconciliation. -
U.S. Budget Shortfall Hits All-Time High $3.1 Trillion Due To Pandemic
U.S. debt reached over 100 percent of GDP, the first time it surpassed the size of the economy in over seven decades. U.S. debt reached over 100 percent of GDP, the first time it surpassed the size of the economy in over seven decades.