{"id":7396,"date":"2021-07-05T04:55:28","date_gmt":"2021-07-05T00:55:28","guid":{"rendered":"https:\/\/qia.az\/en\/us-budget-deficit-to-hit-3-trillion\/"},"modified":"2021-07-05T04:55:28","modified_gmt":"2021-07-05T00:55:28","slug":"us-budget-deficit-to-hit-3-trillion","status":"publish","type":"post","link":"https:\/\/qia.az\/en\/us-budget-deficit-to-hit-3-trillion\/","title":{"rendered":"US budget deficit to hit $3 trillion"},"content":{"rendered":"<p> [ad_1]<br \/>\n<br \/><img decoding=\"async\" src=\"https:\/\/qia.az\/en\/wp-content\/uploads\/sites\/3\/2021\/07\/US-budget-deficit-to-hit-3-trillion.jpg\" \/><\/p>\n<div itemprop=\"articleBody\">\n<p>The US federal government will be swimming in $3 trillion of red ink by the end of fiscal 2021, according to a Congressional Budget Office estimate released July 1, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/report.az\/en\/\">Report<\/a> informs.<\/p>\n<p>Federal government expenditure is projected at $6.8 trillion and revenues at $3.8 trillion. In particular, the $1.9 trillion coronavirus relief package, adopted at the initiative of President Joe Biden, will play a role in increasing the spending.<\/p>\n<p>The deficit in absolute terms will be $1.2 trillion in 2022 and $800 billion in 2023. The deficit will grow again starting in 2025.<\/p>\n<\/p><\/div>\n<p><script>\n    !function(f,b,e,v,n,t,s)\n    {if(f.fbq)return;n=f.fbq=function(){n.callMethod?\n        n.callMethod.apply(n,arguments):n.queue.push(arguments)};\n        if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version='2.0';\n        n.queue=[];t=b.createElement(e);t.async=!0;\n        t.src=v;s=b.getElementsByTagName(e)[0];\n        s.parentNode.insertBefore(t,s)}(window, document,'script',\n        'https:\/\/connect.facebook.net\/en_US\/fbevents.js');\n    fbq('init', '800789640666009');\n    fbq('track', 'PageView');\n<\/script><br \/>\n<br \/>[ad_2]<br \/>\n<br \/>https:\/\/report.az\/en\/finance\/us-budget-deficit-to-hit-3-trillion\/<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] The US federal government will be swimming in $3 trillion of red ink by the end of fiscal 2021, according to a Congressional Budget Office estimate released July 1, Report informs. Federal government expenditure is projected at $6.8 trillion and revenues at $3.8 trillion. In particular, the $1.9 trillion coronavirus relief package, adopted at&hellip; <a class=\"more-link\" href=\"https:\/\/qia.az\/en\/us-budget-deficit-to-hit-3-trillion\/\">Continue reading <span class=\"screen-reader-text\">US budget deficit to hit $3 trillion<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":7397,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[1678,1679,1680,1681],"class_list":["post-7396","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-slider","tag-budget","tag-deficit","tag-hit","tag-trillion","entry"],"_links":{"self":[{"href":"https:\/\/qia.az\/en\/wp-json\/wp\/v2\/posts\/7396","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/qia.az\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/qia.az\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/qia.az\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/qia.az\/en\/wp-json\/wp\/v2\/comments?post=7396"}],"version-history":[{"count":0,"href":"https:\/\/qia.az\/en\/wp-json\/wp\/v2\/posts\/7396\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/qia.az\/en\/wp-json\/wp\/v2\/media\/7397"}],"wp:attachment":[{"href":"https:\/\/qia.az\/en\/wp-json\/wp\/v2\/media?parent=7396"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/qia.az\/en\/wp-json\/wp\/v2\/categories?post=7396"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/qia.az\/en\/wp-json\/wp\/v2\/tags?post=7396"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}