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US budget deficit widens to $1.8 tn, 3rd highest on record
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 Widens To $1.8 Tn, Third Highest On Record
The United States on Friday reported a
budget
deficit
of $1.8 trillion for the past year, widening from 2023's level on greater spending, including for interest on the public debt. The overall ...
US budget deficit tops $1.8 trillion in fiscal 2024, third-largest on record
WASHINGTON, Oct 18 (Reuters) - 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 ...
Santa Rosa Press Democrat
17h
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 ...
13h
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 ...
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 ...
8h
on MSN
How Kent State found itself with a $9.9M deficit, and how it plans to reduce spending
Higher-than-expected maintenance and health care costs are among reasons Kent State President Todd Diacon cites for $9.9 ...
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.
7d
on MSN
France's budget battle: Why the government's plan to plug the deficit is sparking an outcry
France’s new government has unveiled its 2025 belt-tightening budget bill, with plans for major tax hikes and spending cuts ...
21h
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 ...
18h
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 ...
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Chicago
fiscal 2024
Brandon Johnson
United States Department of the Treasury
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