The Federal Government ran a $1.8T budget deficit for the fiscal year, with a $560B deficit in the last quarter alone.

(Bloomberg) -- The US government’s budget deficit hit its highest since the Covid pandemic years in 2024, propelled by increased debt interest costs and higher Social Security and defense ...

The United States has operated in a debt condition ... Source: U.S. Treasury A point to clarify: An annual shortfall in the U.S. budget is a deficit, and an annual deficit or surplus helps build ...

The US budget deficit grew to $1.833 trillion for fiscal year 2024, the highest outside of the Covid era, as interest on the federal debt exceeded $1 trillion for the first time and spending grew ...

The United States began the new fiscal year with a $257 billion budget deficit, a drastic increase from the prior year's start.

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 ...