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US budget deficit tops $1.8 trillion in fiscal 2024
US budget deficit tops $1.8 trillion in fiscal 2024, third-largest on record
The U.S. budget deficit grew to $1.833 trillion for fiscal 2024, the highest outside of the COVID era, as interest on the federal debt exceeded $1 trillion for the first time and spending grew for the Social Security retirement program,
U.S. budget deficit in fiscal 2024 swells to third-highest level on record
The federal budget deficit for fiscal 2024 was $1.8 trillion, up 8% from a year ago, as the government’s spending continued to swamp revenue.
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.
2h
on MSN
UConn faculty, students fear cuts amid projected deficit: ‘Alarming that I may not have a degree to finish’
Additional state funding is helping to reduce the shortfall … but UConn still is reviewing options to achieve about $17.6 ...
2h
As Austin ISD proposes higher taxes to support teachers, cut deficit, voters weigh cost
AISD voters will decide Nov. 5 if they want to raise the school tax rate to pay for teacher pay boosts and offset the ...
11d
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 ...
Investor Daily
15m
China’s economic measures could narrow Australia’s budget deficit, says economist
China’s latest stimulus is expected to push iron ore prices to US$130 per tonne, delivering a significant boost to ...
1d
on MSN
Facing a budget deficit challenge, Johnson aims to safeguard youth and workforce
Enticing grocery store chains to open in underserved communities is another priority for the Johnson administration.
KLAS Las Vegas on MSN
2d
State issues letter to CCSD seeking further clarity on budget deficit
The Nevada State Superintendent of Public Instruction sent a letter to the Clark County School District earlier this month, ...
Derbyshire Times on MSN
2h
Chesterfield Borough Council says more work is needed to manage estimated £4m budget deficit
Financially-stretched Chesterfield Borough Council has revealed it is still on track to deliver over £2.5m of savings after introducing controversial saving plans while prioritising funding services ...
Las Vegas Sun
10d
CCSD revises projected budget deficit to $12M for this school year, down from previous figure
Clark County School District has revised its potential central budget deficit downward to about $12 million. The revised ...
6d
on MSN
France's budget battle: Why the government's plan to plug the deficit is sparking an outcry
France’s new government has unveiled its 2025 belt-tightening budget bill, with plans for major tax hikes and spending cuts ...
1d
The U.S. budget deficit is $1.8 trillion...World Public Debt Forecasts $100 Trillion
The size of the U.S. federal budget deficit in fiscal year 2024 (October 2023-September 2024) was the largest on record, ...
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