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Tuesday, October 16, 2018

Federal Government Posts Largest Deficit in Seven Years

The federal debt spiral continues. The 2018 fiscal year ended Sept. 30 and the US government closed out the year with its largest budget deficit since 2011. Uncle Sam ended 2018 $779 billion in the red, adding to the ballooning national debt. A combination of new federal spending and shrinking revenue due to the tax […]

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