US budget deficit - Search News

US budget deficit hits $1.8 trillion for fiscal 2024

Reuters on MSN · 2d

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,

justthenews · 3d

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.

CNN on MSN · 3d

US budget deficit hits $1.8 trillion for fiscal 2024, per CBO

Yet again, the federal government spent far more than it collected in revenue, racking up a budget deficit of $1.8 trillion for fiscal year 2024, according to the Congressional Budget Office.

The New York Times · 3d

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.

Reason on MSN · 2d

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 to higher spending and the rapid growth of interest costs tied to the $35.

Roll Call on MSN · 3d

CBO: Fiscal 2024 budget deficit was $1.8 trillion

The federal deficit clocked in at $1.8 trillion for fiscal 2024, according to the final estimate released Tuesday by the Congressional Budget Office. While generally in line with prior forecasts, the slightly revised deficit estimate was $81 billion,

2don MSN

Wider US deficits, inflationary trade policies threaten bond outlook, says PIMCO

Widening U.S. budget deficits and inflationary trade policies after the Nov. 5 presidential election could weigh on U.S.

2d

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 ...

3don 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 ...

13d

The U.S. Trade Deficit Is A Problem, But Not For The Reason You Think

The U.S. trade deficit is a symptom of deeper problems in the American economy. getty. A debate over US trade deficits has ...

Business Times3d

US deficit for fiscal 2024 estimated at US$1.8 trillion, largest after Covid

THE Congressional Budget Office (CBO) estimated on Tuesday (Oct 8) a US federal deficit of US$1.8 trillion for fiscal 2024, ...

4don MSN

Trump’s budget plan will increase deficit by $7.5T, twice the size of Harris’ proposal, CRFB study finds

Donald Trump’s tax-cut promises and military expansions could add $7.5 trillion to the US deficit, according to new estimates ...

investmentmagazine1d

Election pledges fuel US debt worry: Insignia CIO

As a blockbuster election looms in the world’s largest economy, Insignia’s super and asset management investment chief Dan ...

22h

What do economists think of France's emergency budget to address debt crisis?

France's 2025 budget plan targets €60bn in spending cuts and tax hikes to reduce the deficit to 5% of GDP. However, ...

1d

US “debt bomb” ticking louder

The US budget deficit for fiscal 2024 came in at close to $2 trillion, with total debt rapidly heading to the $36 trillion ...

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