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U.S. government posts widest deficit since 2012
2:02am, 16th October, 2018

U.S. government posts widest deficit since 2012

The U.S. government closed the 2018 fiscal year $779 billion in the red, its highest deficit in six years, as Republican-led tax cuts pinched revenues and expenses rose on a growing national debt, according to data released on Monday by the Treasury...