Federal Deficit Reaches ‘Astounding’ Levels
(The Center Square)–Only nine months into fiscal year 2026, the U.S. government has already borrowed $1.4 trillion, surpassing the entire federal deficit of the previous fiscal year. The federal government collected $4.2 trillion over the past nine months and spent or lost a total of $5.5 trillion, according to a new Congressional Budget Office report. During … Continue reading Federal Deficit Reaches ‘Astounding’ Levels
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