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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
Confident of meeting budget deficit target, Malaysian minister says
Tengku Zafrul Aziz, Malaysia's minister of investment, trade and industry, says: "We also need to ensure that money that we ...
Santa Rosa Press Democrat
6h
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
18h
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 ...
12d
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 ...
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.
Santa Rosa Press Democrat
8h
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 ...
7h
on MSN
San Diego Unified faces $176M budget gap for 2025-2026 school year
San Diego Unified School District is facing a projected $176 million budget gap for the 2025-2026 school year.
10h
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 ...
7h
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 ...
17h
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
fiscal 2024
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