Deficit Hits $1.4 Trillion So Far in 2023: CBO

Happy 7-11! Here’s what we’re watching while waiting for the MLB All-Star Game tonight. Deficit Hits $1.4 Trillion in First 9 Months of Fiscal Year: CBO The federal budget deficit totaled nearly $1.4 trillion in the first three quarters of the 2023 fiscal year, according to the latest monthly budget review from the Congressional Budget Office released Tuesday.

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