US:Deficit balloons to $779 billion in Trump’s second year

US:Deficit balloons to $779 billion in Trump’s second year

October 16, 2018

The US federal budget deficit jumped to $779 billion in fiscal year 2018, the highest level since 2012, according to the Treasury Department. As the GOP tax bill and massive spending agreement took hold, the deficit rose nearly 17 percent year over year, from $666 billion in 2017. It is now on pace to top […]

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