Home Economic Trends US federal deficit soars to record high of $3.1 trillion – Source...Business and EconomyEconomic TrendsFederal ReserveAmerica and the WorldUS PoliticsUS federal deficit soars to record high of $3.1 trillion – Source – Yahoo Finance (10/19/2020)By wsw staff - October 19, 2020Yahoo Finance’s Rick Newman breaks down the US federal deficit and government spending amid the coronavirus pandemic.