In this Aug. 3, 2020, file photo dark clouds and heavy rain sweep over the U.S. Capitol in Washington. (AP Photo/J. Scott Applewhite, File)
By Martin Crutsinger
The U.S. budget deficit hit an all-time high of $3 trillion for the first 11 months of this budget year, the Treasury Department said Friday.
The ocean of red ink is a product of the government's massive spending to try to cushion the impact of a coronavirus-fueled recession that has cost millions of jobs.
The deficit from October through August is more than double the previous 11-month record of $1.37 billion set in 2009. At that time the government was spending large sums to get out of the Great Recession triggered by the 2008 financial crisis.
With one month to go in the 2020 budget year, which ends Sept. 30, the deficit could go even higher. The Congressional Budget Office is forecasting the deficit this year will hit a record of $3.3 trillion. However, the government often runs surpluses in September so it is possible the final figure for this year could come in just under $3 trillion.
That would still put the deficit well above last year's imbalance of $984 billion. The previous record deficit for a fiscal year was $1.4 trillion in 2009 in the aftermath of the financial crisis.
The former New York City mayor has already been found liable in the defamation lawsuit brought by Ruby Freeman and her daughter, Wandrea “Shaye” Moss, who endured threats and harassment after they became the target of a conspiracy theory spread by Trump and his allies.
Donald Trump says he's decided against testifying for a second time at his New York civil fraud trial. In a social media post Sunday, the former president said he “very successfully & conclusively” testified last month and saw no need to appear again.
The president of Harvard University has apologized for her remarks at a congressional hearing on antisemitism, saying she got caught up in a heated exchange and failed to properly denounce threats of violence against Jewish students.
The House Education and Workforce Committee opened an investigation into MIT, the University of Pennsylvania and Harvard University after an anti-Semitism hearing on Tuesday.
The son of North Dakota Sen. Kevin Cramer was charged with manslaughter and fleeing an officer after a police pursuit ended in a crash that killed the sheriff's deputy.
