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U.S. budget deficit breached $3.1 trillion in 2020 as pandemic slammed economy

U.S. budget deficit breached $3.1 trillion in 2020 as pandemic slammed economy

October 17, 2020

WASHINGTON - The U.S. budget deficit eclipsed $3.1 trillion in the fiscal year that ended Sept. 30, according to government data released Friday, by far the biggest one-year gap in U.S. history.

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