Aided by COVID-19, U.S. current account deficit rose 35% in 2020
The U.S. current account deficit grew by 4.2% in the final quarter of 2020, aided by the COVID-19 pandemic, the Commerce Department said Tuesday.
Aided by COVID-19, U.S. current account deficit rose 35% in 2020
The U.S. current account deficit grew by 4.2% in the final quarter of 2020, aided by the COVID-19 pandemic, the Commerce Department said Tuesday.
For the First Time in 4 Decades, Congress Is Forcing U.S. Taxpayers to Pay for Abortions
The U.S. House of Representatives gave final approval Wednesday to the nearly two trillion dollar COVID relief bill that includes a boost in unemployment payments and stimulus checks for American families. The measure is controversial on many levels be…
CBO projects whopping $2.3 trillion budget deficit for fiscal year 2021
The Congressional Budget Office (CBO) is projecting a whopping $2.3 trillion budget deficit in fiscal year 2021, though that deficit would be $900 billion less than the one in 2020.
Budget deficit totals record $735.7 billion through January
The U.S. government’s budget deficit hit $735.7 billion through the first four months of the budget year — an all-time high for the period — as a pandemic-induced recession cut into tax revenues while spending on COVID relief measures sent outlays soar…
Incoming Biden administration hopes to quickly pass $1.9 trillion relief bill
The incoming Biden administration will work toward the speedy passage of its $1.9 trillion coronavirus relief plan, Voice of America reports.
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