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Budget Office Predicts Federal Deficit Will Reach $1 Trillion By Next Year

Looks like a balanced budget is just talk.............

The federal budget deficit will reach $1 trillion by next year, according to forecasts from the Congressional Budget Office.

The Congressional Budget Office revealed the deficit will hit $960 billion for the 2019 fiscal year and $1 trillion for the 2020 fiscal year, according to the New York Times.

 

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