federal budget deficit

What midterm elections could mean for the US economy | CNN Business

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What midterm elections could mean for the US economy | CNN Business

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. New York CNN Business  —  Tuesday’s midterm elections come at a time of economic vulnerability for the United … Read more

US: Budget deficit to hit record USD 3.3 trillion due to virus, recession

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US: Budget deficit to hit record USD 3.3 trillion due to virus, recession

WASHINGTON: The federal budget deficit is projected to hit a record USD 3.3 trillion as huge government expenditures to fight the coronavirus and to prop up the economy have added more than USD 2 trillion to the federal ledger, the Congressional Budget Office said. The spike in the deficit means that federal debt will exceed … Read more