United States deficit spending strikes all-time high of $864 billion in June
The federal government incurred the biggest monthly budget deficit in history in June as spending on programs to combat the coronavirus recession exploded while millions of job losses cut into tax revenuesBy MARTIN CRUTSINGER AP Economics WriterJuly 14, 2020, 12:10 AM4 min readWASHINGTON — The federal government incurred the biggest monthly budget deficit in history…
