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https://www.reuters.com/world/us/us-budget-deficit-jumps-23-nearly-17-trillion-social-security-health-costs-rise-2023-10-20/
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US budget gap soars to $1.7 trillion, largest outside COVID era - Reuters
10/20/23 at 9:27pm
Organization
Reuters
Author
David Lawder
Details
55 words
Summarize
Business & Industrial
Business News
U.S.
Reuters
COVID
Medicare
Social Security
The U.S. government on Friday posted a $1.695 trillion budget deficit in fiscal 2023, a 23% jump from the prior year as revenues fell and outlays for Social Security, Medicare and record-high interest costs on the federal debt rose.
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