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US budget deficit tops $1.8 trillion in fiscal 2024
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 third-largest budget deficit in history in fiscal 2024 and paid over $1 trillion just on interest payments on the debt.
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 revenues. The fiscal year ended on Sept. 30. Key details: Spending rose 10% to $6.
3h
on MSN
Budget deficit putting Treasury prices in danger zone, suggests CNBC's Rick Santelli
E. coli outbreak linked to McDonald's Quarter Pounders: 1 dead and 49 sickened, CDC says What To Know About The Massive ...
This Day
1h
Budget Deficit: FG Raised N5.28tn via Bond in 10 Months
The federal government through the Debt Management Office (DMO) has raised N5.28 trillion through the FGN Bond market in the ...
3h
What if they held an election and a budget process broke out?
Crucial budget decisions also extend into the new year as well, starting with the critically important need to raise or ...
3h
on MSN
Oakland City Council hears report on dire state of municipal budget
The city of Oakland is facing millions of dollars in potential service cuts as part of its ongoing structural budget deficit, ...
Santa Rosa Press Democrat
21h
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 ...
Crain's Chicago Business
2h
City Council approves $1.5 billion bond plan to refinance debt as budget deficit looms
The plan is expected to save $90 million in 2024 with further savings in 2025 as Mayor Brandon Johnson looks for ways to ...
17h
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 ...
3d
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.
KLAS Las Vegas on MSN
4d
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, ...
Las Vegas Sun
12d
CCSD revises projected budget deficit to $12M for this school year, down from previous figure
Clark County School District has revised its potential central budget deficit downward to about $12 million. The revised ...
1d
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 ...
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