More of the Same: US Government Starts Fiscal 2023 With a Big Budget Deficit

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After running a $1.3 trillion deficit in fiscal 2022, the US government took up right where it left off to start fiscal 2023 — running a big budget deficit. The October budget deficit came in at $87.8 billion despite another month of healthy government receipts, according to the latest Treasury statement. The federal government collected […]

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