WASHINGTON– The U.S. spending plan gap more than doubled in May, pushing the deficit for the to near $2 trillion, as federal incomes plunged and government costs soared to assist fight the coronavirus pandemic.
The federal deficit last month broadened to $424 billion, more than twice what it was in May 2019, the Congressional Budget plan Office estimated Monday. For the first eight months of the , which started in October, the deficit amounted to $1.9 trillion, compared to $739 billion in the exact same period a year previously, …
%%.
source https://jobsearchtips.net/federal-deficit-spending-nears-2-trillion/
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