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CBO sees $3.7 trillion U.S. deficit from coronavirus pandemic

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Apr 24 '20 | By oiam2companyadmin | Views: 37 | Comments: 0

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A nationwide business shutdown and a surge in U.S. government spending will nearly quadruple the federal deficit to a record $3.7 trillion this fiscal year, as a gyrating American economy reacts to the coronavirus pandemic, congressional forecasters said on Friday.
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Source: https://www.reuters.com/article/us-health-coronavirus-usa-economy/cbo-sees-3-7-trillion-u-s-deficit-from-coronavirus-pandemic-idUSKCN22633M?feedType=RSS&feedName=businessNews

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