Slowing the growth of Social Security and Medicare must be part of the solution
The deficit for the fiscal year, which began in October, was $391 billion, compared to a deficit of $351 billion in the same period of fiscal 2017
Spending exceeded revenue by $587.4 bn in the 12 months, compared with a $439.1-bn deficit in 201
The August deficit was slightly lower than the $112.8 billion imbalance in July