TREASURY DEPARTMENT
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FOREIGN POLICY
US budget deficit balloons to nearly $2 trillion as debt servicing and war costs surge
The shortfall was further widened by a dramatic reversal in trade policy revenue.
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ECONOMY
US sanctions members of Iran’s IRGC, alleged affiliates
The US sanctions several IRGC officials, and individuals and a company it alleges to be IRGC affiliates.
ECONOMY
US warns default on debt would trigger 'economic catastrophe'
US Treasury Secretary Janet Yellen says a default on debt would trigger an "economic catastrophe".
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