Friday, December 19, 2025
46.0°F

US budget deficit up 25.1% in first 2 months of budget year

by Martin Crutsinger
| December 11, 2020 12:03 AM

WASHINGTON (AP) — The U.S. government's deficit in the first two months of the budget year ran 25.1% higher than the same period a year ago as spending to deal with the COVID pandemic soared while tax revenues fell.

Become a Subscriber!

You have read all of your free articles this month. Select a plan below to start your subscription today.

Already a subscriber? Login

Print & Digital
Includes home delivery and FREE digital access when you sign up with EZ Pay
  • $16.25 per month
Buy
Unlimited Digital Access
*Access via computer, tablet, or mobile device
  • $9.95 per month
Buy