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So far, in fiscal 2023, while the federal government collected $2,048,196,000,000 in taxes, it spent $3,148,900,000,000—resulting in the deficit of $1,100,704,000,000.
When the historical budget numb... View More
Deficit Tops $1 Trillion in First Six Months of FY2023
The federal deficit topped $1 trillion in the first six months of fiscal 2023 (October through March), according to the Monthly Treasury Statement released today.
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