William Hoagland is senior vice president at the Bipartisan Policy Center. "U.S. Budget Gap Tripled to Record $3.1 Trillion in Fiscal 2020 -- 3rd Update," at 4:37 p.m. ET, incorrectly said that Mr. Hoagland is a senior fellow at the think tank.

(END) Dow Jones Newswires

October 16, 2020 17:58 ET (21:58 GMT)