November 26, 2024 05:53 (IST)
US budget deficit hits record high amid COVID-19 pandemic
Washington/Xinhua: The US federal budget deficit soared to a record 3.1 trillion dollars in the fiscal year 2020, as the COVID-19 pandemic has prompted massive fiscal stimulus and caused tax revenue to fall, official data showed on Saturday.
Latest Headlines
US budget deficit hits record high amid COVID-19 pandemic Sat, Oct 17 2020