The U.S. budget deficit is projected to fall to $1 trillion in 2022.

Federal Budget (US), United States Economy, United States Politics and Government, Inflation (Economics), National Debt (US), Two Thousand Twenty Two, Stimulus (Economic)
The Congressional Budget Office provided an update on the path for deficits at a moment when the Federal Reserve is trying to cool the economy to tame rapid inflation.

By BY ALAN RAPPEPORT from NYT Business https://ift.tt/zpcTCHi

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