Washington Post: U.S. budget deficit breached $3.1 trillion in 2020 as pandemic slammed economy

Washington Post: U.S. budget deficit breached $3.1 trillion in 2020 as pandemic slammed economy. “The U.S. budget deficit eclipsed $3.1 trillion in the fiscal year that ended Sept. 30, according to government data released Friday, by far the biggest one-year gap in U.S. history. The data are a stark reflection of the staggering blow that the coronavirus pandemic has dealt to the U.S. economy.”

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