$2T in red ink: Foreign aid, Biden’s student loan policies hike U.S. deficit forecast

Politico.com - For more and to sign up click here Congress’ nonpartisan budget scorekeeper on Tuesday significantly increased its estimate of the U.S. budget gap, predicting that the nation will run a $2 trillion deficit this year. The latest forecast from the Congressional Budget Office is up from its estimate of $1.6 trillion earlier this year. Four main things are driving that $400 billion increase, CBO said —…