US budget deficit in 2016 of $ 600 billion
US budget deficit in 2016 of $ 600 billion
Posted, 07/16/2016 21:44
[Oan- up]
administration and the White House budget office said Friday that the deficit in the US budget for fiscal year 2016 is expected to rise to $ 600 billion , a figure at least $ 16 billion from the previous estimate.
The administration said in the update to the data that the deficit in the 2016 budget is now expected to reach 3.3 percent of gross domestic product.
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