The federal deficit surges, nearly tripling in the last nine months
WEBJul 13, 2023 · The federal government's deficit nearly tripled in the first nine months of the fiscal year, a surge that's bound to raise concerns about the country's rising debt levels. The Treasury Department...
Tax revenue jumps 22% in April, but U.S. deficit still looms large
WEBMay 10, 2024 · The U.S. Treasury ran a surplus in April, as tax payments jumped by 22% from a year ago. The federal government is still on track to run a deficit of more than $1.5 trillion this year.
U.S. Deficit, Pegged at $1.7 Trillion, Effectively Doubled in 2023
WEBOct 20, 2023 · America’s federal budget deficit effectively doubled in the 2023 fiscal year as slumping tax receipts, rising interest rates and persistent demand for expiring pandemic relief benefits strained...
Federal budget deficit expected to nearly double to around $2
WEBSep 6, 2023 · The federal budget deficit is expected to balloon to about $2 trillion for fiscal year 2023, roughly double what it was in the previous fiscal year, according to a government watchdog group.
Federal deficit effectively doubled in fiscal year 2023 - CNN
WEBOct 21, 2023 · CNN — The US budget deficit soared in fiscal year 2023, which will likely complicate Congress’ efforts to come to a federal spending deal before government funding runs out next month. The deficit...
The Federal Deficit Is Growing. This Is Why. - The New York Times
WEBOct 20, 2023 · The federal deficit is expected to have hit $2 trillion for the 2023 fiscal year, about $300 billion above the initial forecast of President Biden’s administration.
US national debt hits record $34 trillion | AP News - Associated …
WEBJan 2, 2024 · WASHINGTON (AP) — The federal government’s gross national debt has surpassed $34 trillion, a record high that foreshadows the coming political and …
US deficit poses ‘significant risks’ to global economy, warns IMF
WEBApr 17, 2024 · The IMF has warned the US that its massive fiscal deficits have stoked inflation and pose “significant risks” for the global economy.
Congressional Budget Office raises this year’s federal budget …
WEBJun 18, 2024 · The Congressional Budget Office says it projects this year’s federal budget deficit to be $400 billion higher, a 27% increase compared to its original estimate released in February.
Debt ceiling news: 'An agreement in principle' is reached
WEBMay 28, 2023 · The latest news and coverage on the US debt ceiling crisis. Follow news on Biden and McCarthy’s efforts to strike a deal and avoid a national debt default.
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