The federal budget deficit was $2.8 trillion in the first ten months of fiscal year 2020, CBO estimates, $1.9 trillion more than the deficit recorded during the same period last year.
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New From CBO


Monthly Budget Review for July 2020

The federal budget deficit was $2.8 trillion in the first ten months of fiscal year 2020, CBO estimates, $1.9 trillion more than the deficit recorded during the same period last year.

    


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