The U.S. budget deficit just hit almost $2 trillion — and Washington isn’t doing much about it
Summary
The American budget deficit has approached two trillion dollars, reaching its highest level since the year twenty twenty-one. This massive fiscal shortfall now represents an estimated six point two percent of the total gross domestic product of the United States.
The deficit figure is the largest since 2021 and amounts to an estimated 6.2% of U.S. gross domestic product.
Source: Read the full story at MarketWatch.com - Top Stories
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