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Coffee Shop
Covid-19 deaths
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<blockquote data-quote="ClodHopper37869" data-source="post: 1647134" data-attributes="member: 26911"><p>copied from local news paper.</p><p></p><p>COVID-19 relief pushes U.S. budget deficit to $3.1T </p><p>New, eye-popping federal budget figures released Thursday show an enormous $3.1 trillion deficit in the just-completed fiscal year, a record swelled by coronavirus re-lief spending that pushed the tally of red ink to three times that of last year.The Congressional Budget Office released the unofficial 2020 figures Thursday, saying the deficit equaled 15% ofthe U.S. economy, a huge gap that was the largest since the government undertook massive borrowing to finance thefinal year of World War II. The government spent $6.6 trillion last year and borrowed 48 cents of every dollar it spent, CBO said..</p></blockquote><p></p>
[QUOTE="ClodHopper37869, post: 1647134, member: 26911"] copied from local news paper. COVID-19 relief pushes U.S. budget deficit to $3.1T New, eye-popping federal budget figures released Thursday show an enormous $3.1 trillion deficit in the just-completed fiscal year, a record swelled by coronavirus re-lief spending that pushed the tally of red ink to three times that of last year.The Congressional Budget Office released the unofficial 2020 figures Thursday, saying the deficit equaled 15% ofthe U.S. economy, a huge gap that was the largest since the government undertook massive borrowing to finance thefinal year of World War II. The government spent $6.6 trillion last year and borrowed 48 cents of every dollar it spent, CBO said.. [/QUOTE]
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