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News : Business

What does a $1 Trillion budget deficit mean for U.S. economy, markets?

By Bloomberg
24 Aug 2019   |   4:01 pm   |  
Libby Cantrill, head of public policy at Pimco, discusses a new Congressional Budget Office forecast that says the U.S. budget deficit is set to widen to $1 trillion by fiscal year 2020. She speaks with Bloomberg's Sheri Ahn on "Balance of Power."


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