U.S. budget deficit hits all-time high of $864 billion in June

The federal government incurred the biggest monthly budget deficit in history in June as spending on programs to combat the coronavirus recession exploded while millions of job losses cut into tax revenues.
Read more: https://www.cnbc.com/2020/07/13/us-budget-deficit-hits-all-time-high-of-864-billion-in-june.html?source=Snapzu