Against the backdrop of the large-scale economic measures taken by the Biden administration, the size of the US budget deficit in 2021 is expected to reach more than 330 trillion yen in Japanese yen, which is an exceptional level following the previous year.
The Congressional Budget Office revised the national budget forecast on the 1st, saying that the budget deficit for the one-year fiscal year until September will be 3.3 trillion dollars, and the Japanese yen will be more than 330 trillion yen. It was.
The main reason for this is that in March, the Biden administration decided to spend 200 trillion yen, including cash benefits and extension of unemployment insurance, as additional economic measures in response to the new corona virus.
The scale of the budget deficit is expected to decrease by about 14 trillion yen compared to the previous year, which was the worst ever for the new corona, but it is more than tripled compared to the level before the spread of infection.
On the other hand, this forecast does not reflect the Biden administration's plan to invest large-scale national funds in areas such as infrastructure development and child-rearing.
The US economy is accelerating its economic recovery due to the spread of vaccines, and it seems that dealing with the ever-deteriorating financial situation will be an issue in the future.