CBO estimates $1.8 trillion US deficit for fiscal 2024, largest after COVID
The Congressional Budget Office estimated on Tuesday a U.S. federal deficit of $1.834 trillion for fiscal 2024, the highest in the post-COVID era, as debt interest costs jumped sharply and outlays rose for Social Security,
CBO Estimates 2024 Deficit Totaled $1.8 Trillion
The Congressional Budget Office (CBO) released its estimate of the Fiscal Year (FY) 2024 budget deficit in its Monthly Budget Review, showing a
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.
Federal Deficit Hit $1.8 Trillion for 2024, CBO Says
The data comes as Donald Trump and Kamala Harris are proposing new tax and spending plans that are estimated to add trillions more to the deficit over the next decade.
Budget deficit for FY2024 hits $1.8 trillion, up from FY2023: CBO
The deficit totaled $1.8 trillion in FY2024, marking the second year in a row that deficits have totaled close to $2 trillion, according to the Congressional Budget Office (CBO) monthly budget review. In FY2023, the deficit was slightly lower at $1.7 trillion.
Federal budget deficit grew to $1.8 trillion for fiscal 2024, CBO estimates
The Congressional Budget Office estimated Tuesday that the federal budget deficit for fiscal 2024 rose to $1.8 trillion, the highest in three years. The analysis showed that fiscal 2024’s deficit increased from $1.7 trillion in fiscal 2023. The new numbers come as the federal government faces an increasingly dire fiscal situation.
U.S. deficit hits $1.8 trillion as interest costs rise
The federal budget deficit swelled to $1.8 trillion in the fiscal year that ended in September, an enormous sum that significantly increases the national debt as Washington barrels toward a potential 2025 showdown over spending and taxes.
CBO: Fiscal 2024 budget deficit was $1.8 trillion
The federal deficit clocked in at $1.8 trillion for fiscal 2024, according to the final estimate released Tuesday by the Congressional Budget Office. While generally in line with prior forecasts, the slightly revised deficit estimate was $81 billion,
U.S. Budget Deficit Rises to $1.8 Trillion in 2024
New estimates from the Congressional Budget Office show continuing fiscal strain, despite steady economic growth.
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CBO estimates US$1.8 trillion US deficit for fiscal 2024, largest after Covid
THE Congressional Budget Office estimated on Tuesday a US federal deficit of US$1.834 trillion for fiscal 2024, the highest ...
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