THE NEW YORK TIMES
U.S. Deficit Fell to $1.4 Trillion in 2022
The deficit was down from $2.6 trillion a year
earlier, as pandemic emergency spending slowed,
the economy reopened and tax revenue rose.
The new figures come as spending fights loom
in a divided Congress.
WASHINGTON — The federal budget deficit fell to $1.4 trillion for the 2022 calendar year, down from $2.6 trillion a year ago, as pandemic emergency spending slowed, the economy reopened and tax revenue rose, according to the Treasury Department.
More:
https://www.nytimes.com/2023/01/12/business/us-deficit-falls-2022.html
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