WASHINGTON (AP) — The U.S. budget deficit totaled $2.77 trillion for 2021, the second highest on record but an improvement from the all-time high of $3.13 trillion reached in 2020. The deficits in ...
The U.S. government is drowning in a sea of red ink. Federal deficits in 2020 and 2021 were by far the highest on record, totaling roughly $6 trillion between them. The Congressional Budget Office ...
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