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U.S. deficit could quadruple to $3.7 trillion in coronavirus crisis: CBO

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Apr 24 '20 | By oiam2companyadmin | Views: 42 | Comments: 0

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

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