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U.S. 2022 funds deficit halves to $1.375 trillion regardless of pupil mortgage prices

WASHINGTON, Oct 21 (Reuters) – The U.S. authorities on Friday reported that its fiscal 2022 funds deficit plunged by half from a 12 months earlier to $1.375 trillion, as a consequence of fading COVID-19 aid spending and document revenues fueled by a scorching financial system, however pupil mortgage forgiveness prices restricted the discount. The U.S. Treasury stated the… Read More »