Feds end 2024 with $1.8 trillion deficit
Feds end 2024 with $1.8 trillion deficit; national debt nears $36 trillion
"We expect the federal government to run large fiscal deficits that average around 7% of GDP per year over the next five years and rise to nearly 9% by 2034, which would drive the debt burden to around 130% of GDP by 2034 from 97% in 2023," the report noted. The cost of servicing that debt will also grow.
One of the reasons former President Donald Trump started a trade war with China was to reduce the U.S. trade deficit with the ...
The US government’s budget deficit hit its highest since the Covid pandemic years in 2024, propelled by increased debt ...
The U.S. budget deficit grew to $1.833 trillion for fiscal 2024, the highest outside of the COVID-19 era, as interest on the ...
The federal budget deficit for fiscal 2024 was $1.8 trillion, up 8% from a year ago, as the government’s spending continued ...
The United States on Friday reported a budget deficit of $1.8 trillion for the past year, widening from 2023's level on ...
The U.S. Treasury Department today released the final Monthly Treasury Statement for Fiscal Year (FY) 2024, confirming the budget deficit totaled $1.8 trillion. The following is a statement from Maya ...
Enticing grocery store chains to open in underserved communities is another priority for the Johnson administration.
Fighting from behind in the polls, Brown was combative throughout the hour-long debate against Democratic Sen. Jacky Rosen.
Take a deeper look at the nature of a country’s current account balance, and see why trade deficits are neither good nor bad ...
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