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US budget deficit tops $1.8 trillion in fiscal 2024
U.S. budget deficit in fiscal 2024 swells to third-highest level on record
The federal budget deficit for fiscal 2024 was $1.8 trillion, up 8% from a year ago, as the government’s spending continued to swamp revenues. The fiscal year ended on Sept. 30. Key details: Spending rose 10% to $6.
US budget deficit tops $1.8 trillion in fiscal 2024, third-largest on record
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 first time and spending grew for the Social Security retirement program,
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. In the latest fiscal year,
1d
Tension Mounts As Michel Barnier’s Budget Heads To A Vote
Michel Barnier’s budget delivered last week, was largely as expected – focusing on politically clever measures such as a tax ...
Opinion
1d
on MSN
Opinion
Editorial: L.A. is broke. And the budget crisis is self-inflicted
The budget crisis shows Los Angeles is not living within its means. L.A. leaders approve employee raises the city can’t ...
Opinion
14h
Opinion
Opinion: When analyzing the state’s budget outlook, context matters
You might have recently heard that Maine could face a nearly $1 billion deficit, also known as a “structural gap,” in the ...
8h
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.
15h
on MSN
Budget 2024 latest: Rayner among MPs pleading with Starmer to step in as Reeves’ ‘£40bn target’ looms
Exchequer secretary James Murray MP confirmed this at a Labour conference fringe event hosted by the British Retail ...
1d
Malaysia to widen tax net, raise minimum wages in 2025 as budget spending hits record
Malaysia will introduce a slew of new taxes, cut subsidies for a widely used fuel, and raise the minimum wage from next year, ...
2d
on MSN
What’s the future of budget airlines? We asked JetBlue’s founder.
David Neeleman, now the CEO of Breeze Airways, shares his takes on Southwest’s changes, airport lounges and his essential ...
MoneyWeek
1d
Inheritance tax: will you pay more after the Autumn Budget?
The government is already collecting a record amount of inheritance tax. Will changes in the Autumn Budget send death duties ...
2d
on MSN
French Budget Packs Bigger Tax Punch Than First Meets the Eye
The fiscal watchdog, mandated by law to determine whether the government's numbers stack up, estimated the overall budget ...
7h
on MSN
Milford school board approves budget cuts contingent upon November election
Milford Exempted Village Schools board of education approved budget cuts Thursday evening contingent upon the upcoming ...
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