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The federal budget deficit is growing faster than expected and will top $1 trillion next year, as President Trump considers more spending.

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The federal budget deficit is growing faster than expected and will top $1 trillion next year, as President Trump considers more spending.
Wednesday, August 21, 2019 11:12 AM EST

The deficit will reach $960 billion for the 2019 fiscal year, which ends Sept. 30, the Congressional Budget Office said in updated forecasts released on Wednesday morning. Previously, it had projected an $896 billion deficit for 2019 and $892 billion for 2020.

Read More:
http://www.nytimes.com/2019/08/21/us/politics/deficit-will-reach-1-trillion-next-year-budget-office-predicts.html?campaign_id=60&instance_id=0&segment_id=16351&user_id=75ee940ebe2fd3e9d0a6bb93cf283302®i_id=16112385ing-news




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