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US budget deficit tops $1.8 trillion in fiscal 2024
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 revenues. The fiscal year ended on Sept. 30. Key details: Spending rose 10% to $6.
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,
US budget deficit widens to $1.8t, third-highest on record
The United States on Friday reported a budget deficit of $1.8 trillion for the past year, widening from 2023's level on greater spending, including for interest on the public debt.
KLAS Las Vegas on MSN
16h
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, ...
9d
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 ...
Arkansas Democrat-Gazette
2h
Federal government ends fiscal year with $1.8 trillion deficit
During fiscal 2024, the biggest contributors to the
deficit
were Social Security ... "The way to get it down in the future is to have a more balanced
budget
going forward," he said. "The other ...
Opinion
3h
Opinion
Opinion: When analyzing the state’s budget outlook, context matters
You might have recently heard that Maine could face a nearly $1 billion deficit, also known as a “structural gap,” in the ...
The Daily Star
14h
Bassett lays off 100 employees to reduce budget deficit
Bassett Healthcare Network laid off around 100 employees this week across its hospitals and health care facilities by ...
4d
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 ...
WCPO Cincinnati
2d
Newport Independent School District votes to balance 2025 budget deficit, but future budget concerns remain
While the Newport Independent Schools board may have figured out the 2025 budget, the solutions are only a band-aid for the ...
15h
on MSN
US Posts $1.8 Trillion Annual Deficit, Highest Outside of Covid
The US government’s budget deficit hit its highest since the Covid pandemic years in 2024, propelled by increased debt ...
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