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US News: U.S. Budget Deficit Hit $3.1 Trillion Amid Virus Spending Surge - The New York Times
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- Category: Daily USA News
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16 Oct 2020
- Last Updated: 16 October 2020
- Published: 16 October 2020
- Written by Google News Search Results
WASHINGTON — The federal budget deficit soared to a record $3.1 trillion in the 2020 fiscal year, official figures showed on Friday, as the coronavirus pandemic fueled a surge in spending and a drop in tax receipts brought by households and businesses struggling with economic shutdowns.
Source:www.nytimes.com
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Source:www.nytimes.com
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Posted: 2020-10-16 20:22:00
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