U.S. Deficit Surges Post-Biden
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DeficitsThe Center Square
•Deficit soars as Biden heads out the door
69% Informative
The U.S. deficit is nearly 40% higher than this time last year .
Deficits never surpassed one trillion dollars before the COVID-19 pandemic.
The deficit last fiscal year was about $1.8 trillion .
Billionaire Elon Musk lamented the debt, which is about $36 trillion , on Monday .
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