The nonpartisan Congressional Budget Office this week revealed the magnitude of the federal deficit, growing to $1.7 trillion in one year, as the national public debt reached $34.7 trillion for the first time in U.S. history. On Monday alone, the national public debt grew by $37 billion. By Tuesday, it surpassed $34.7 trillion overall. The […]

The post CBO: U.S. budget deficit at $1.7 trillion over past year appeared first on The Black Chronicle.