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budget deficit
The US federal deficit soared to $310 billion to start fiscal year 2019, up 77% from the year before
The US budget deficit soared due to a drop in tax revenues and increased spending. Trump's tax law and the bipartisan budget deal drove the jump.
2019-03-05
The US national debt just topped $22 trillion for the first time in history
The increase in national-debt accumulation has been caused by the GOP tax law's cut to revenues and the bipartisan budget deal's increased spending.
2019-02-12
