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Tag: Concord Coalition

Rosy Economic Picture Hampered by Massive Deficit

Posted on October 15, 2018October 15, 2018 by admin

The Concord Coalition today warned that the rapidly rising federal budget deficit — totaling nearly $779 billion in Fiscal Year 2018 — reflects a structural gap between spending and revenues that is largely ignored in Washington even as it grows worse. The Treasury Department this afternoon released the figure, which is $113 billion higher than…

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