What is fiscal deficit — and why does it matter for the economy?
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What is fiscal deficit — and why does it matter for the economy?
Fiscal deficit is one of the most important numbers in the Union Budget, yet one of the most misunderstood. In this episode of Budget Basics, we explain what fiscal deficit really means, how it’s calculated, why governments run deficits, and how it directly affects your money, prices, and economic stability. Important Playlists National News ...
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For the first three months of the fiscal year, the U.S. deficit is down $109 billion, or 15% from a year earlier. CNBC's Kelly Evans explains. Read the full story: cnb.cx/49NhpoK | CNBC
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