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For the first three months of the fiscal year, the U.S. deficit is down $109 billion, or 15% from a year earlier. CNBC's Kelly Evans explains. Read the full story: cnb.cx/49NhpoK | CNBC
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The US budget deficit has topped $1 trillion since October
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Mamdani says if the state won't tax the wealthiest New Yorkers, he'd have to tax the middle class as a 'last resort'
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