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August 22, 2019

Federal Budget Deficit to Top $1 Trillion in 2020
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The Congressional Budget Office warned Wednesday the federal budget
deficit is growing faster than predicted and is on course to reach $1
trillion for the first time since the Great Recession. This comes less
than two years after Trump signed a $1.5 trillion Republican tax cut
that overwhelmingly favors the wealthiest Americans, and as the Pentagon
is set to receive a staggering $738 billion for the coming fiscal year.


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