U.S. BUDGET DEFICIT SURPASSED $3.1 TRILLION IN 2020: DATA

Highlights

• According to the data released jointly by the White House and the Treasury Department, this year the government has shelled out $6.552 trillion which is up from $4.447 trillion in 2019

• This government released data clearly showcases the impact of COVID...

RESEARCHERS FEAR UK BORROWING VAST SUM OF MONEY MAY LEAD TO BUDGET DEFICIT

Highlights –

• UK government is borrowing quite a sum of money to save its economy from the pandemic.
• Market research experts say that continued borrowing may lead to a budget deficit.
• A deficit of around $161 billion to occur in five y...