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Government Deficit On Pace To Be Second Largest In US History

(EVA HAMBACH/AFP via Getty Images)

BRADLEY DEVLIN

DAILY CALLER GENERAL ASSIGNMENT & ANALYSIS REPORTER

The U.S. government’s deficit this budget year is on track to be the second-largest deficit recorded in the country’s history.

For the first nine months of the budget year, the U.S. government’s budget shortfall amounted to $2.24 trillion, The Associated Press (AP) reported. Government expenditures from October to June for this fiscal year amounted to $5.29 trillion thus far, whereas government receipts — the government’s income via taxation and other mechanisms — amounted to $3.06 trillion, the U.S. Treasury Department announced Tuesday.

Click the link below to read the rest of this story.

https://dailycaller.com/2021/07/13/government-deficit-second-largest-us-history/

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