U.S. Reports record $738 billion budget deficit in April

U.S. Reports record $738 billion budget deficit in April

Yahoo - World·2020-05-13 10:14

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By Lindsay Dunsmuir

WASHINGTON (Reuters) - The United States on Tuesday reported a record $738 billion budget deficit in April as an explosion in government spending and a shrinking of revenues amid the novel coronavirus pandemic pushed it deeply into the red.

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