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US budget deficit hits $1.8 trillion for fiscal 2024
Federal Deficit Hit $1.8 Trillion for 2024, CBO Says
WASHINGTON—The U.S. budget deficit topped $1.8 trillion in the latest fiscal year, driven by higher spending on interest and programs for older Americans, as the government faces a persistent gap between federal outlays and tax collections.
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.
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,
Lower Oil Exports Drag Canada Into 6th Monthly Trade Deficit
GDP may get a lift after U.S. trade deficit drops to 5-month
The U.S. trade deficit sank almost 11% in August because of lower imports of oil and new cars, potentially giving a boost to the official measure of economic growth in the third quarter.
US trade deficit contracts as exports rise to record high
The U.S. trade deficit narrowed sharply in August as exports increased to a record high, suggesting that trade could have little or no impact on economic growth in the third quarter. The smaller-than-
Lower Oil Exports Drag Canada Into Sixth Monthly Trade Deficit
Canada recorded a C$1.1 billion ($806 million) trade deficit in August as crude oil exports fell, driven mainly by lower prices for the commodity that is central to the country’s economy.
Harris Takes Lead Over Trump, New Poll Shows
The Latest: New analysis says both Trump and Harris' plans would increase the deficit
No one is likely to be happy with the projected higher deficits laid out in a new analysis of Kamala Harris’ and Donald Trump’s economic plans
Poll Finds Harris Rising as She Challenges Trump on Change
Follow along with the latest updates on Trump, Harris and the 2024 election. Voters are now more likely to credit Vice President Kamala Harris than Donald J. Trump with representing change and caring about people like them,
Kamala Harris Holds Record Lead Over Donald Trump in New Poll
The latest findings suggest Harris is still gaining traction in the polls with a month to go until the election.
Opinion
7h
on MSN
Opinion
Opinion | Washington Racks Up Another $1.8 Trillion Deficit
The legacy hits keep coming from the Biden-Harris Administration, and on Tuesday it was the report that the federal budget ...
14h
Smaller US trade deficit supports strong economic growth estimates for third quarter
The U.S. trade deficit narrowed sharply in August as exports increased to a record high, suggesting trade could have little ...
Opinion
2d
Opinion
Deficit, debt and democracy
Democracy is allegedly on the ballot - and indeed it is - and has been almost since the birth of our Republic.
7h
on MSN
Lewisville ISD latest North Texas district to consider school closures to address budget deficit
"We actually have less money now, when you account for inflation, than we did in 2016," the superintendent said.
14h
America The Tax Haven? Exploring The U.S. Trade Deficit
In this episode of Tax Notes Talk, Professors Kenneth Austin and Hillel Nadler discuss the policies that they believe make ...
1d
on MSN
Amid deficit, CCSD could add $3.5M in litigation costs
As the Clark County School District faces a potential $20 million deficit — a shortfall it has blamed, in part, on the cost ...
The Canadian Press on MSN
15h
Statistics Canada reports $1.1B merchandise trade deficit for August
OTTAWA — Statistics Canada says the country posted a merchandise trade deficit of $1.1 billion in August as lower oil prices ...
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