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September 01, 2020 10:18am
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U.S. budget deficit jumps 34% billion in October, gap set to top $1 trillion in 2020

The federal government’s budget deficit in October rose 34% from a year earlier to $134.5 billion, putting the U.S. on course to top the $1 trillion mark in fiscal 2020 for the first time in eight years.
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