Deficit to triple to $3.3 trillion: Congressional Budget Office
(From The Washington Examiner)
The Congressional Budget Office on Wednesday projected that the federal deficit for the current fiscal year will be $3.3 trillion, more than triple the shortfall recorded in fiscal year 2019.
The anticipated deficit would be 16% of gross domestic product, the largest since 1945, when the nation financed World War II.
This article was originally posted here: https://www.ac2news.com/2020/09/deficit-to-triple-to-3-3-trillion-congressional-budget-office/.