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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 revenue.
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 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.
Santa Rosa Press Democrat
5h
Santa Rosa’s budget deficit is triggering cuts. Here’s a snapshot of the reductions, impacts
Santa Rosa’s troubled financial outlook is going to need several rounds of restructuring, according to city officials. Here’s ...
Money Metals Exchange
10h
Biden Admin. Runs 3rd-Largest Budget Deficit in History as Interest Tops $1 Trillion
In one of the biggest economic stories of the year that nobody seems to care about, the Biden administration ran the ...
1m
on MSN
CCSD top boss says budget issues were caused by 'mistakes' that 'were preventable'
The Nevada Department of Education is telling the Clark County School District (CCSD) to explain its math.As of Monday, the nation's fifth-largest school distri ...
Santa Rosa Press Democrat
51m
Santa Rosa council to discuss proposed initial cuts to narrow budget gap
Budget officials have identified $21.2 million in one-time reductions and $8.2 million in ongoing cuts, including vacant ...
2h
on MSN
How San Francisco Unified's new superintendent plans to tackle budget deficit, save school district
The school board will formally appoint Dr. Maria Su as San Francisco Unified's new superintendent on Tuesday. But before that ...
2d
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.
Opinion
4h
Opinion
Seattle’s JumpStart tax revenues are for housing, not balancing budget
The continued reliance on JumpStart to balance the overall city budget is unsustainable and undermines the very purpose for ...
4h
on MSN
Nevada lawmakers to probe CCSD’s projected budget shortfall
Nevada lawmakers will explore Clark County School District’s potential budget shortfall despite “record” public funding.
5h
on MSN
Nevada legislators to hold hearing on CCSD budget issues
LAS VEGAS, Nev. (FOX5) - Senate Majority Leader Nicole Cannizzaro and Assembly Speaker Steve Yeager announced Monday that the ...
9h
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 district's $119 million deficit.
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Chicago
Brandon Johnson
United States Department of the Treasury
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