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Fiscal 2024 budget deficit was $1.8 trillion
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,
Opinion
CBO: Fiscal 2024 budget deficit was $1.8 trillion
The federal deficit clocked in at $1.8 trillion for fiscal 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.
8h
on MSN
How Trump and Republicans Will Change Medicare If They Win
Republican leaders propose market-based reforms for Medicare, while Trump pledges to protect it and prevent people who ...
Committee for a Responsible Federal Budget
12h
Deficit Nears $2 Trillion Amid Rising Interest and Little Action
The Congressional Budget Office (CBO) today released its estimate of the Fiscal Year (FY) 2024 budget deficit in its Monthly Budget Revi ...
Opinion
1d
on MSN
Opinion
Congressional estimators find sharply lower revenue take from Harris tax plans
Nonpartisan congressional analysts said the vice president's campaign plans are unlikely to generate the amount of revenue ...
12h
on MSN
Deficit nears $2 trillion as lawmakers borrow $5 billion per day
The U.S. annual deficit is nearing $2 trillion for this fiscal year, almost double the record deficits before the COVID-19 ...
9h
Congress’ fallback option for bankrolling disaster loans
The numbers: The Small Business Administration is requesting Congress provide $1.6 billion in new funding to cover the ...
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