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US Deficit Totals $1.8 Trillion for Fiscal Year 2024
CBO estimates $1.8 trillion US deficit for fiscal 2024
The Congressional Budget Office estimated on Tuesday a U.S. federal deficit of $1.834 trillion for fiscal 2024, the highest in the post-COVID era, as debt interest costs jumped sharply and outlays rose for Social Security,
Budget deficit for FY2024 hits $1.8 trillion, up from FY2023: CBO
The deficit totaled $1.8 trillion in FY2024, marking the second year in a row that deficits have totaled close to $2 trillion, according to the Congressional Budget Office (CBO) monthly budget review. In FY2023, the deficit was slightly lower at $1.7 trillion.
CBO Estimates 2024 Deficit Totaled $1.8 Trillion
The Congressional Budget Office (CBO) released its estimate of the Fiscal Year (FY) 2024 budget deficit in its Monthly Budget Review, showing a
8h
on MSN
Budget Deficit Hit $1.8 Trillion After Huge Increase in Borrowing Costs
The federal government posted a $1.8 trillion budget deficit during the fiscal year that ended on September 30, despite an ...
New York Sun
16m
The Biden-Harris Legacy on Spending and Debt: A Tragedy of Epic Proportion
Unfortunately, neither Vice President Harris nor her rival on the campaign trail has made a priority of fixing this problem.
22h
US goes to polls, but federal deficit hits $1.8 trillion, highest in post-Covid era
The $1.8 trillion federal deficit for the fiscal year 2024, which ended on September 30, highlights that the US government ...
1d
on MSN
U.S. deficit hits $1.8 trillion as interest costs rise
The federal budget deficit swelled to $1.8 trillion in the fiscal year that ended in September, an enormous sum that ...
Committee for a Responsible Federal Budget
1d
Deficit Nears $2 Trillion Amid Rising Interest and Little Action
The Congressional Budget Office (CBO) today released its estimate of the Fiscal Year (FY) 2024 budget deficit in its Monthly Budget Revi ...
1d
on MSN
Deficit nears $2 trillion as lawmakers borrow $5 billion per day
The U.S. annual deficit is nearing $2 trillion for this fiscal year, almost double the record deficits before the COVID-19 ...
12d
on MSN
What were the biggest budget deficits in US history?
The federal government is on pace to run a $1.9 trillion budget deficit in FY2024, which would rank as the third-largest ...
1d
U.S. Budget Deficit Rises to $1.8 Trillion in 2024
New estimates from the Congressional Budget Office show continuing fiscal strain, despite steady economic growth.
devdiscourse
13h
U.S. Deficit Surges Amid Political Debate over Fiscal Responsibility
The Congressional Budget Office forecasts a federal deficit of $1.834 trillion for 2024, noting rising debt interest and ...
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