By Kitco News / October 22, 2021 / www.kitco.com /
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Oct 22 (Reuters) - The U.S. budget deficit totaled $2.772 trillion during fiscal 2021, below the prior year's record shortfall but still reflecting a second straight year of massive spending to support households and businesses through the coronavirus pandemic, the Treasury Department said on Friday.
The United States posted a deficit of $3.132 trillion in fiscal 2020, when the federal government first started spending frantically in response to the pandemic. (Reporting by Dan Burns; Editing by Paul Simao)
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