The United States ends the fiscal year with a budget deficit of nearly $1.7 trillion, an increase of 23%.
The federal government ended its fiscal year in September. Wrapping up a year in which some thought the shortfall could exceed $2 trillion, the United States had an imbalance of $1.695 trillion, or about $320 billion. The budget report comes out the same week that Biden asked Congress to allocate $105 billion for “national security …