Explainer Why US fiscal deficit keeps growing

WASHINGTON, Nov. 6 (Xinhua) — Recently released data showed that U.S. federal deficit in fiscal year 2023 expanded significantly, with already elevated U.S. debt piling up. Why U.S. budget deficit keeps growing? What are the political obstacles that prevent budget deficit from coming down? The U.S. federal government recorded a…Read More

Leave a Reply

Your email address will not be published. Required fields are marked *