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You are here : World News – Russian opinion» Economy» US budget deficit in eight years fell to a record high

US budget deficit in eight years fell to a record high

Posted By Russian Opinion. Under Economy  Tags: budget, deficit, eight, fell, high, record, Years  

The US Treasury Department reported on reducing the budget deficit of the country to a record in the past eight years, the level of – $ 438.9 billion or 2.5% of GDP, according to Bloomberg. Reducing the budget deficit, explained in the department, was due to the increase in tax collection.

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