US budget deficit hits all-time high of $864 billion in June The June deficit was driven higher by spending on various government relief programmes such as an extra $600 per week in expanded unemployment benefits and a Paycheck Protection Program that provided support to businesses to keep workers on their payrolls.

The June deficit was driven higher by spending on various government relief programmes such as an extra $600 per week in expanded unemployment benefits and a Paycheck Protection Program that provided support to businesses to keep workers on their payrolls.

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