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Red Ink Overflowing: In June, U.S. Borrowed A Typical Year's Worth

With three months left in the government's fiscal year, the U.S. federal deficit is already nearly twice as large as the previous record, which was set in 2009 during the Great Recession. (AFP via Getty Images)
With three months left in the government's fiscal year, the U.S. federal deficit is already nearly twice as large as the previous record, which was set in 2009 during the Great Recession. (AFP via Getty Images)

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