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| | | | | www.gao.gov | |
| | | | | Increased federal spending in response to COVID-19, as well as rising interest rates, have added to our nation's financial woes. At $2.8 trillion, the FY 2021 budget deficit was the second largest in history-just short of the FY 2020 deficit of $3.1 trillion. These historically large deficits were due primarily to the economic disruptions caused by COVID-19-which decreased revenues in FY 2020-and the additional spending by the federal government in response to help the nation recover from the pandemic. | |
| | | | | www.imf.org | |
| | | | | The world has changed dramatically in the three months since our last update of the World Economic Outlook in January. A rare disaster, a coronavirus pandemic, has resulted in a tragically large number of human lives being lost. | |
| | | | | www.networkideas.org | |
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| | | | | voxbaby.blogspot.com | |
| | | I have been thinking for a while about why the President is gaining such little momentum in his efforts to promote Social Security reform. O... | ||