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Business and Money

What you need to know to navigate the economy and your career. Edited by Terry Ponick

Government deficit soars. Here’s how President Trump will fix it

WASHINGTON — Recently released data shows that the annual Federal government budget deficit for the fiscal year (FY) 2019 increased to nearly $1 trillion. That’s more than 25% higher than the $779 billion deficit incurred during FY 2018. President Trump said during his 2016 presidential campaign that he would reduce the annual deficit. How will ...