Headline Roundup • September 11th, 2018
Federal Deficit Increases 32 Percent to $895 Billion
Summary from the AllSides News Team
The federal deficit has increased 32 percent to $895 billion over the first 11 months of fiscal year 2018, according to the Congressional Budget Office. The CBO cited the recent tax cuts as well as the bipartisan agreement to increase spending as the main drivers.
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Federal deficit soars 32 percent to $895B
The Hill
News
The federal deficit hit $895 billion in the first 11 months of fiscal 2018, an increase of $222 billion, or 32 percent, over the same period the previous year, according to the Congressional Budget Office (CBO).
Federal Deficit Jumps 32 Percent Amid Booming Economy
The Daily Caller
News
The federal budget deficit grew to $895 billion for the first 11 months of fiscal year 2018, according to a Congressional Budget Office estimation released late Monday.
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