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POSTED ON July 14, 2020  - POSTED IN Key Gold Headlines

The federal budget deficit in June totaled nearly the entire 2019 fiscal year shortfall and was bigger than the 2018 deficit.

The June deficit came in at $864.1 billion dollars, according to the latest Treasury Department report. To put that into perspective, the budget shortfall for fiscal 2019 was $984 billion and in 2018, the deficit was a “mere” $779 billion.

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