Federal coffers post $11.8 billion deficit just past midway point of fiscal year
The federal government ran a deficit of $11.8 billion over seven months of its 2019-20 fiscal year compared with a deficit of $2.1 billion in the same period last year. The Finance Department says the deficit came as program expenses climbed $14.8 billion to $211 billion compared with $196.3 billion last year. The bigger spending was due to increases […]