U.S. Budget Deficit Ends Fiscal Year Below Prior Year’s Record Level

U.S. Budget Deficit Ends Fiscal Year Below Prior Year’s Record Level

October 22, 2021

This post was originally published on this siteThe U.S. budget deficit reached $2.8 trillion in the fiscal year that ended Sept. 30, below the record set the previous year, as the government tapered some spending tied to the coronavirus pandemic and revenues surged.

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