Headline Roundup • October 16th, 2018
Federal Deficit Rises to $779 Billion, Highest Since 2012
Summary from the AllSides News Team
The federal deficit rose 17% last year to $779 billion, the highest since 2012, due to a bipartisan spending package that increased domestic spending and funding for the military, as well as the Trump administration's recent tax cuts.
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The Numbers Are in and Republicans Have Ballooned the Deficit to a Six-Year High
The Daily Caller
News
The U.S. budget deficit swelled from $666 billion in fiscal year 2017 to $779 billion in 2018, a roughly 17 percent increase that has produced the highest deficit since 2012, according to Treasury Department data released Monday.
Trump Hits A New High-Water Mark: The Biggest Federal Deficit In 6 Years
News
The federal deficit has soared 17 percent in the president’s first fiscal year.
U.S. Government Deficit Grew 17% in Fiscal 2018
News
The U.S. government ran its largest budget deficit in six years during the fiscal year that ended last month, an unusual development in a fast-growing economy and a sign that—so far at least
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