Stars and Stripes stripes.com 13 Jan, 2021 23:00 am

US budget deficit climbs 60.7% in first three months of budget year

US budget deficit climbs 60.7% in first three months of budget year
The Treasury Department reported Wednesday that with three months gone in the budget year, the deficit was $216.3 billion higher than the same October-December period a year ago.

7% in first three months of budget year WASHINGTON — The U.government's deficit in the first three months of the budget year was a record-breaking $572.The Treasury Department reported Wednesday that with three months gone in the budget year, the deficit was $216.The deficit for the 2020 budget year, which ended Sept.

7% higher than the same period a year ago, as spending to deal with the COVID-19 pandemic pushed outlays up while revenue declined.3 billion higher than the same October-December period a year ago.

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