U.S. President Donald Trump said that he expects his “America’s Future” proposed budget for the 2021 fiscal year, being presented later Monday, will help bring the country’s deficit closer to zero.
- U.S. budget deficit set to hit record $3.3 trillion due to coronavirus measures
- U.S. deficit reaches record high at $864 billion for June
- Trump’s $4.8 trillion budget would slash spending on social safety nets and foreign aid