U.S. Budget Deficit Rises to $1.8 Trillion in 2024
WEB21 hours ago · Reporting from Washington. Oct. 8, 2024, 2:27 p.m. ET. America’s federal budget deficit rose to $1.8 trillion in the 2024 fiscal year, reaching the highest level in three years, according to new ...
CBO estimates $1.8 trillion US deficit for fiscal 2024, largest after ...
WEB17 hours ago · The estimate, which precedes the U.S. Treasury Department's year-end budget report later this month, shows a deficit up 11% from the $1.7 trillion fiscal 2023 gap but slightly lower than the $1.9 ...
U.S. deficit hits $1.8 trillion as interest costs rise
WEB22 hours ago · The Capitol as seen from the Library of Congress last year. (Jabin Botsford/The Washington Post) The federal budget deficit swelled to $1.8 trillion in the fiscal year that ended in September, an ...
US budget deficit hits $1.8 trillion for fiscal 2024, per CBO
WEB18 hours ago · The fiscal year 2023 deficit clocked in at $1.7 trillion – though it would have been about $2 trillion if the impact of President Joe Biden’s federal student debt cancellation plan, which the ...
CBO: Fiscal 2024 budget deficit was $1.8 trillion - Roll Call
WEB19 hours ago · The deficit in fiscal 2024, which ended Sept. 30, was $139 billion larger than the fiscal 2023 shortfall. While revenues increased by $479 billion, or 11 percent, spending rose even more, by $617 ...
US fiscal 2024 deficit nears $1.9 trillion with a month to go
WEBWASHINGTON, Sept 12 (Reuters) - The U.S. budget deficit reached $1.897 trillion for the first 11 months of the 2024 fiscal year, the Treasury Department said on Thursday, as annual interest...
The federal deficit surges, nearly tripling in the last nine months - NPR
WEBJul 13, 2023 · The federal government's deficit nearly tripled in the first nine months of the fiscal year, a surge that's bound to raise concerns about the country's rising debt levels. The Treasury Department...
The Federal Deficit Is Growing. This Is Why. - The New York Times
WEBOct 20, 2023 · America’s federal budget deficit effectively doubled over the year to $2 trillion, a surprising jump given the strength of the economy.
U.S. Deficit, Pegged at $1.7 Trillion, Effectively Doubled in 2023
WEBOct 20, 2023 · America’s federal budget deficit effectively doubled in the 2023 fiscal year as slumping tax receipts, rising interest rates and persistent demand for expiring pandemic relief benefits strained...
Federal Deficit Hit $1.8 Trillion for 2024, CBO Says - WSJ
WEB22 hours ago · U.S. budget shortfalls fueled by interest costs, Social Security, Medicare. WASHINGTON—The U.S. budget deficit topped $1.8 trillion in the latest fiscal year, driven by higher spending on ...