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 ...
The United States began the new fiscal year with a $257 billion budget deficit, a drastic increase from the prior year's start.
The boss of Tesla and the social media site X, Elon Musk, suggested last month at Donald Trump’s rally in New York City that ...
BALTIMORE — Maryland lawmakers were warned Tuesday of an impending $2.7 billion deficit they’ll need to resolve for the next ...
Bond investors have sent Treasury yields significantly higher in recent weeks even as the Federal Reserve has cut interest ...
SPRINGFIELD — Illinois lawmakers returned to Springfield Tuesday for the first time since May following news earlier this ...
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Analysts warn lawmakers of growing budget gap in MarylandMaryland is facing a $2.7 billion budget deficit, and experts said the historic gap can't be fixed by shuffling money around.
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