US fiscal 2024 deficit nears $1.9 trillion with a month to go
WEBSep 12, 2024 · The U.S. budget deficit reached $1.897 trillion for the first 11 months of the 2024 fiscal year, the Treasury Department said on Thursday, as annual interest costs on the public debt topped $1...
The federal deficit surges, nearly tripling in the last nine months - NPR
WEBJul 13, 2023 · The federal government's deficit nearly tripled in the first nine months of the fiscal year, a surge that's bound to raise concerns about the country's rising debt levels. The Treasury...
Increased spending pushes 2024 US budget deficit estimate to …
WEBJun 19, 2024 · The U.S. budget deficit will jump to $1.915 trillion for fiscal 2024, topping last year's $1.695 trillion gap as the largest outside the COVID-19 era, the Congressional Budget Office said on...
US deficit poses ‘significant risks’ to global economy, warns IMF
WEBApr 17, 2024 · The IMF has warned the US that its massive fiscal deficits have stoked inflation and pose “significant risks” for the global economy.
The Nation’s Fiscal Health: Major Changes to Fiscal Policies Are ...
WEBFeb 1, 2024 · This year’s report shows the federal budget deficit in fiscal year 2023 to be $1.7 trillion. This deficit is due to a $1 trillion gap in what the government collected and what it spent. It also reflects the $659 billion in interest paid on total federal debt—up from $352 billion just two years ago.
Federal budget deficit expected to soar to $2.6 trillion in 2034, …
WEBFeb 7, 2024 · The federal budget deficit will balloon from $1.6 trillion this fiscal year to $2.6 trillion in fiscal year 2034, according to the latest Congressional Budget Office outlook released Wednesday.
U.S. Deficit, Pegged at $1.7 Trillion, Effectively Doubled in 2023
WEBOct 20, 2023 · America’s federal budget deficit effectively doubled in the 2023 fiscal year as slumping tax receipts, rising interest rates and persistent demand for expiring pandemic relief benefits strained the...
The Federal Deficit Is Growing. This Is Why. - The New York Times
WEBOct 20, 2023 · White House officials initially predicted that the deficit would hit about $1.7 trillion in the 2023 fiscal year, which ended last month. That is the official figure that Treasury released on...
U.S. wraps up fiscal year with budget deficit near $1.7 trillion
WEBOct 20, 2023 · The federal government wound up its fiscal year in September with a deficit just shy of $1.7 trillion, the U.S. Department of the Treasury announced Friday. Wrapping up a year in which some...
Tax revenue jumps 22% in April, but U.S. deficit still looms : NPR
WEBMay 10, 2024 · The U.S. Treasury ran a surplus in April, as tax payments jumped by 22% from a year ago. The federal government is still on track to run a deficit of more than $1.5 trillion this year.