US budget deficit hits $3.1 trillion, doubling previous record #duzline #duzlinenews #follow4follow

The coronavirus pandemic has contributed to the tripling of the US budget deficit in just one year. The United States’s federal budget deficit hit an all-time high of $3.1 trillion in the 2020 budget year, more than double the previous record, as the coronavirus pandemic shrank revenues and sent spending soaring. The administration of US […]