Federal borrowing amid pandemic puts US debt on path to exceed World War II

The deficit — the difference between what the US spends and what it earns through taxes and other revenue — is expected to reach $3.3 trillion for FY20, which more than triple the level it reached in the 2019 fiscal year.

from Moneycontrol Economy News https://www.moneycontrol.com/news/economy/federal-borrowing-amid-pandemic-puts-us-debtpath-to-exceed-world-war-ii_14242561.html
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