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Home / AP News / US budget deficit surges to $134.5 billion in October

US budget deficit surges to $134.5 billion in October

The federal government, which ended the 2019 budget year with its largest deficit in seven years, began the new budget year with a deficit in October that was 33.8 percent bigger than a year ago as spending hit a record. The Treasury Department said that the deficit last month totaled $134.5 billion, up from a shortfall ...

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