Covid relief pushes US budget deficit to a record $3.1 trillion, largest since World War II

The Congressional Budget Office released the unofficial 2020 figures Thursday, saying the deficit equaled 15% of the U.S. economy, a huge gap that was the largest since the government undertook massive borrowing to finance the final year of World War II.

from News-Economic Times https://ift.tt/3nvYJR8
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