US budget deficit reaches $1.8 trillion as nation's debt remains a key concern for voters
- Posted on October 18, 2024
- By Le Monde
- 2 Views
US budget deficit reaches $1.8 trillion as nation's debt remains a key concern for voters
This year marks the third-highest US deficit behind 2021 and 2020, according to the Treasury. In the 2020 budget year, the deficit hit a record of $3.1 trillion as spending soared to help the economy weather the Covid-19 pandemic.