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US Budget Deficit Slashed in Half As Pandemic Spending
Published : 2022-10-21 - Duration : 01:31 - View : 120
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US Budget Deficit Slashed in Half , As Pandemic Spending Eases.Reuters reports that on Oct. 21, the American government said that compared to last year, its 2022 fiscal budget deficit was cut in half to $1.375 trillion.Decreased COVID relief spending and record revenues were key factors.According to the U.S. Treasury, the $1.400 trillion deficit re...
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