U.S. budget deficit already 21% higher than last year

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Socks in the US and Europe skidded as. Investors worried about the stability of Turkey on Friday and how it might affect the global financial system investors sold stocks and bought US dollars government bonds the dollar also rose against other currencies is the Turkish lira nosedived. The Dow fell one hundred ninety six points the s. and p. fell twenty NASDAQ lost fifty to the federal government racked up a seventy six point. Nine billion dollar deficit in July with increased government spending and tax cuts keeping. The country on track to record its biggest annual deficit in six years, the treasury department reports that are. The first ten months of this budget year the deficit totaled six hundred and eighty four. Billion, dollars up twenty point eight, percent, for the same period

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