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The U.S. budget deficit this year already surpassed the 2018 total

The U.S. budget deficit for this fiscal year already exceeded the full-year figure for the previous year, according to the Treasury Department. The gap between spending and revenue has grown to nearly $867 billion in the first 10 months of the fiscal year. Gordon Gray, Director of Fiscal Policy at the American Action Forum, discusses with Yahoo Finance’s The Ticker.