Deficit cut in half last year, but more red ink lurks ...Middle East

The federal budget deficit for the fiscal year that ended Sept. 30 fell to just under $1.4 trillion, a 50 percent drop from the fiscal 2021 shortfall, the Treasury Department and the Office of Management and Budget reported Friday. The final figure would have been lower if not for President Joe Biden’s student debt relief […] The post Deficit cut in half last year, but more red ink lurks appeared first on Roll Call.

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