CBO estimates $1.8 trillion US deficit for fiscal 2024, largest after COVID
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,
Federal Deficit Hit $1.8 Trillion for 2024, CBO Says
The data comes as Donald Trump and Kamala Harris are proposing new tax and spending plans that are estimated to add trillions more to the deficit over the next decade.
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 significantly increases the national debt as Washington barrels toward a potential 2025 showdown over spending and taxes.
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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.
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.
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
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.
Federal budget deficit hits $1.8T: 5 notes
A report from the Congressional Budget Office estimates the U.S. budget deficit grew to $1.8 trillion in the last fiscal year, driven partially by increased spending on programs for older Americans, including Medicare. Here are five takeaways from the report:
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.
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,
How Trump and Republicans Will Change Medicare If They Win
Republican leaders propose market-based reforms for Medicare, while Trump pledges to protect it and prevent people who ...
Committee for a Responsible Federal Budget22h
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 ...
Congressional estimators find sharply lower revenue take from Harris tax plans
Nonpartisan congressional analysts said the vice president's campaign plans are unlikely to generate the amount of revenue ...
Congress’ fallback option for bankrolling disaster loans
The numbers: The Small Business Administration is requesting Congress provide $1.6 billion in new funding to cover the ...