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Treasury Names 650K Small Businesses Receiving Govt Loans

WASHINGTON — The Treasury Department on Monday released the names of more than 650,000 small businesses that received funds from a government program intended to support the economy as states shut down in April to contain the viral outbreak. Treasury identi...
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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 i...
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Treasury Unveils Plans to Privatize Fannie Mae, Freddie Mac

WASHINGTON — The Trump administration has unveiled its plan for ending government control of Fannie Mae and Freddie Mac, the two giant mortgage finance companies that nearly collapsed in the financial crisis 11 years ago and were bailed out at a total cost to ...
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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...