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Budget Deficit Hit $1.8 Trillion
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 increase in tax revenue, thanks
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.
Opinion
CBO: Fiscal 2024 budget deficit was $1.8 trillion
The federal deficit clocked in at $1.8 trillion for fiscal 2024, according to the Congressional Budget Office.
4h
on MSN
New Zealand budget deficit larger than forecast in 2023-24, accounts show
The New Zealand government reported a larger-than-expected budget deficit for the 2023-24 year as lower growth hurt ...
Opinion
3d
Opinion
Deficit, debt and democracy
Democracy is allegedly on the ballot - and indeed it is - and has been almost since the birth of our Republic.
Opinion
1d
Opinion
Washington Racks Up Another $1.8 Trillion Budget Deficit
Government spending rises 11%, more than offsetting booming tax revenue.
1d
Smaller US trade deficit supports strong economic growth estimates for third quarter
The U.S. trade deficit narrowed sharply in August as exports increased to a record high, suggesting trade could have little ...
2d
on MSN
Analysis suggests deficit could increase under Harris, but would surge under Trump
No one is likely to be happy with the projected higher deficits laid out in a new analysis of Kamala Harris’ and Donald Trump ...
4h
on MSN
Has Any Team Ever Come Back From a 2-0 Deficit in WNBA Finals History?
Since 2005, the WNBA Finals has had a best-of-five format after a one-game format in '97 and a best-of-three format from 1998 to 2004. Coming back from a 2–0 deficit has proven difficult. Unlike in ...
5h
New Zealand Budget Deficit Widens as Government Expenses Jump
New Zealand’s annual budget deficit widened more than forecast as high inflation increased the cost of government services ...
2d
on MSN
Trump’s budget plan will increase deficit by $7.5T, twice the size of Harris’ proposal, CRFB study finds
Donald Trump’s recent wave of tax-cut promises and policy proposals is set to increase the US budget deficit by $7.5 trillion ...
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