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Business Profits Help Cut U.S. Budget Gap

This week, the White House is expected to announce that this year's budget deficit has dropped to about $250 billion, from last year's $318 billion. This improving budget picture is due largely to soaring business profits.

Steve Inskeep discusses the deficit outlook with David Wessel, deputy Washington bureau chief for The Wall Street Journal.

Copyright 2022 NPR. To see more, visit https://www.npr.org.

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