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Why the federal deficit is rising, despite economic growth

Why the federal deficit is rising, despite economic growth

10/18/2018

PBS News Hour

Why the federal deficit is rising, despite economic growth

Clip: 10/18/2018 | 7m 27sVideo has Closed Captions

Why the federal deficit is rising, despite economic growth

With the close of the government's fiscal year, numbers out this week show the federal budget deficit taking a 17 percent jump from 2017, despite significant economic growth. John Yang takes a closer look into the data and speaks with political correspondent Lisa Desjardins and David Wessel, director of the Hutchins Center on Fiscal and Monetary Policy at the Brookings Institution, for analysis.

10/18/2018

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Major corporate funding for the PBS News Hour is provided by BDO, BNSF, Consumer Cellular, American Cruise Lines, and Raymond James. Funding for the PBS NewsHour Weekend is provided by...

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Major corporate funding for the PBS News Hour is provided by BDO, BNSF, Consumer Cellular, American Cruise Lines, and Raymond James. Funding for the PBS NewsHour Weekend is provided by...

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