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April Budget Deficit Hits $82.7 Billion

“The Treasury Department said Wednesday that the federal deficit for April soared to $82.7 billion, the largest imbalance for that month on record. That was significantly higher than last year’s April deficit of $20 billion and above the $30 billion deficit that private-sector economists had expected.” (Washington Post, Thursday)

No record to envy.

FEE Timely Classic
“The Politics of Deficit Spending” by Hans F. Sennholz

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