US Oct. Budget Deficit Swells 287% To $257 Billion
U.S. October budget deficit jumps to $257 billion, handing hole to Trump
The U.S. budget deficit jumped nearly four-fold to $257 billion in October, a figure inflated by one-off factors, the Treasury Department said on Wednesday in a report that started off a new fiscal year with a big hole to be turned over to President-elect Donald Trump in January.
US October Budget Deficit Swells 287% To $257 Billion
The U.S. budget deficit exponentially increased and reached around $257 billion in October, primarily due to one-off factors. According to a report by the Treasury Department released on Wednesday, the figure was a sharp increase of 287% from October 2023's $67 billion deficit.
The federal government ran a $257.45 billion budget shortfall to start the new fiscal year, with revenue down and spending up ...
WASHINGTON (Reuters) -The U.S. budget deficit grew to $1.833 trillion for ... fiscal responsibility by ensuring the wealthiest among us and large corporations pay their fair share and cutting ...
U.S. Treasuries fell sharply on Wednesday, propelling yields to multi-month highs as Donald Trump's presidential election ...
The Treasury attributed the widened budget deficit to a near 30 percent rise in spending on ... also partly due to a reversal of over $330 billion in costs last year, when US President Joe ...
THE US budget deficit grew to US$1.8 trillion for fiscal 2024 ... The fiscal 2023 deficit had been reduced by the reversal of US$330 billion of costs associated with President Joe ...
The US budget deficit grew to $1.833 trillion for fiscal 2024 ... The fiscal 2023 deficit had been reduced by the reversal of $330 billion of costs associated with President Joe Biden’s ...
Oakland will have to declare a fiscal emergency if it doesn’t make immediate spending cuts to deal with its budget deficit, ...
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