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Federal Budget Deficit

Federal Budget Deficit Hits $1.4 Trillion, Despite Shrinking: CBO

October 12, 2022 - 11:29 amOctober 12, 2022 - 10:10 am by Nick R. Hamilton

By the end of the fiscal year 2022, the U.S. federal budget deficit was a staggering $1.4 trillion, despite shrinking, according to estimates published by the Congressional Budget Office (CBO).

Categories Economy Tags Biden, Business, Congressional Budget Office, Federal Budget Deficit, Fiscal Year 2022, News Leave a comment

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