Home / Breaking News / US Budget Deficit Records $284 B in October

US Budget Deficit Records $284 B in October

The budget deficit in the United States amounted to $284 billion in October, data showed on Thursday.

October marks the beginning of a new fiscal year in the US, while last year a record $3.1 trillion deficit was recorded.

This comes as the US government tries to face the impact of the Coronavirus pandemic on the economy.

Check Also

GlobalFoundries’ MIPS Acquisition Reshapes Semiconductor Industry

A Strategic Leap GlobalFoundries’ acquisition of MIPS marks a bold step in the semiconductor industry. …