deficit

US deficit estimated to hit $1 trillion for 2020, CBO says

The Congressional Budget Office raised its estimate of the projected federal budget deficit Wednesday and is now predicting that the deficit will reach $960 billion for the 2019 fiscal year, which ends on September 30, and reach $1 trillion for the 2020 fiscal year.

In the red zone: WSU aims to pay off athletics debt

Officials for Washington State University say the athletics budget will no longer be accruing annual deficits in five years, but it will take longer to pay off a budget hole estimated to grow to $85.1 million.