U.S. budget gap widens to $747B in 9 months through June

THE UNITED STATES budget deficit widened by 23% to $747.1 billion in the first nine months of the fiscal year,/ BLOOMBERG FILE PHOTO/ANDREW HARRER
THE UNITED STATES budget deficit widened by 23% to $747.1 billion in the first nine months of the fiscal year,/ BLOOMBERG FILE PHOTO/ANDREW HARRER
WASHINGTON – The United States budget deficit widened by 23% to $747.1 billion in the first nine months of the fiscal year, as rising spending eclipsed a small bump in revenue from the Trump administration’s tariffs. Federal expenditures increased to $3.36 trillion in the period from October to June, up 6.6% from a year earlier,…

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