U.S. budget deficit jumps 34% billion in October, gap set to top $1 trillion in 2020
November 13, 2019 at 14:25 PM EST
The federal government’s budget deficit in October rose 34% from a year earlier to $134.5 billion, putting the U.S. on course to top the $1 trillion mark in fiscal 2020 for the first time in eight years.