U.S. Budget Deficit Hits $2.77T, Second Highest On Record

U.S. Budget Deficit Hits $2.77T, Second Highest On Record

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Watch VideoThe U.S. budget deficit totaled $2.77 trillion for 2021, the second highest on record but an improvement from the all-time high of $3.13 trillion reached in 2020. The deficits in both years reflect trillions of dollars in government spending to counteract the devastating effects of a global pandemic.

The Biden...

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