Tue, 21-Oct-2025

Congressional forecasters predict federal deficit to a record $3.7 trillion

Dollar to PKR

A nationwide business shutdown and surge in United States government spending will nearly quadruple the federal deficit to a record $3.7 trillion this fiscal year as the country fights the coronavirus pandemic, congressional forecasters said. According to the media report U.S. gross domestic product will plunge by nearly 40% on an yearly basis in the … Read more