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U.S. budget deficit hit $316 billion in May, with annual shortfall up 14% from a year ago - CNBC

14.06.2025 02:57

U.S. budget deficit hit $316 billion in May, with annual shortfall up 14% from a year ago - CNBC

The U.S. government drifted further into red ink in May, with a burgeoning debt and deficit issue getting worse, the Treasury Department reported Wednesday.

After running a short-lived surplus in Ap… [+1762 chars]