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US Budget Deficit Running 11.8% Higher This Year

The U.S. budget deficit through the first three months of this budget year is up 11.8% from the same period a year ago, putting the country on track to record its first $1 trillion deficit in eight years. In its monthly budget report, the Treasury Department ...
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Can You Believe It? National Debt Now $22 Trillion.

WASHINGTON — The national debt has passed a milestone, topping $22 trillion for the first time. The Treasury Department's daily statement showed Tuesday that total outstanding public debt stands at $22.01 tr...
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With Deficit Ballooning, Trump Wants More Tax Cuts

The Congressional Budget Office and other nonpartisan analyses project that President Donald Trump's tax cuts passed in December will add more than $1 trillion to the deficit over the next decade. For those keeping track at home, fortune.com reports that th...