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Federal government borrowed $5 billion a day in fiscal year 2024

— So far in the fiscal year 2024, the federal government has had to borrow about $5 billion every day.

The Congressional Budget Office said Thursday the federal budget deficit was $1.5 trillion for the first 10 months of fiscal year 2024, which covers October through July.

The CBO stated that the $1.5 trillion deficit for the first 10 months of FY 2024 was $103 billion less than the deficit recorded…

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