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CBO: America’s Budget Deficit Will Break Post-WWII Records

CBO: America’s Budget Deficit Will Break Post-WWII Records

by Zachery Schmidt | Jan 17, 2025 | Economy, National, News

The Congressional Budget Office (CBO) projects the federal government’s budget will have a deficit of $1.9 trillion in Fiscal Year 2025, which runs from October 1, 2024, to September 30, 2025. Furthermore, it predicts that the deficit will continue to increase. CBO...

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