U.S. Budget Deficit Jumps to $100 Billion at Start of Fiscal Year
A pedestrian passes in front of American Flags displayed in front of The U.S. Capitol building before sunrise in Washington, D.C., U.S. (Photographer: Andrew Harrer/Bloomberg)

U.S. Budget Deficit Jumps to $100 Billion at Start of Fiscal Year

(Bloomberg) -- The U.S. recorded a $100.5 billion budget deficit in October, an increase of about 60 percent from a year earlier, as spending grew twice as fast as revenue.
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