U.S. June budget deficit shrinks to $66 billion after calendar shifts
Jul 11, 2024 · The U.S. government recorded a $66 billion budget deficit for June that was reduced sharply by a shift of benefit payments into May that ballooned that month's deficit to $347 billion,...
Monthly Budget Review: June 2024 - Congressional Budget Office
The deficit in June 2024 was $73 billion, CBO estimates—compared with a $228 billion deficit recorded in June 2023. Outlays in June 2024 were lower than they otherwise would have been because payments due on June 1, 2024, a Saturday, were shifted to May.
Monthly Budget Review: June 2024 - Congressional Budget Office
Jul 9, 2024 · CBO projects a federal budget deficit of $1.9 trillion in fiscal year 2024, which would be larger than the 2023 deficit of $1.7 trillion. When adjusted to exclude the effects of shifts in the timing of certain payments, the projected 2024 deficit comes to $2.0 trillion.
Congressional Budget Office Releases Monthly Budget Review: …
Jul 10, 2024 · Topline Takeaways from CBO's Monthly Budget Review: National Debt: $34.85 trillion. Fiscal Year (FY) 2024 Deficit: $1.3 trillion ($118 billion lower than last year) through the first nine months of the year.
U.S. June Budget Deficit Shrinks to $66 Billion After ... - U.S. News
Jul 11, 2024 · WASHINGTON (Reuters) - The U.S. government recorded a $66 billion budget deficit for June that was reduced sharply by a shift of benefit payments into May that ballooned that month's deficit to...
Monthly Treasury Statement - Bureau of the Fiscal Service
Nov 13, 2018 · The Monthly Treasury Statement summarizes the financial activities of the federal government and off-budget federal entities and conforms to the Budget of the U.S. Government. Current Monthly Treasury Statement. The MTS presents a summary of: Receipts and outlays. Surplus or deficit.
Monthly Budget Review: Summary for Fiscal Year 2024
The deficit in 2024 was $82 billion (or 4 percent), smaller than the shortfall estimated in CBO’s most recent baseline budgetary projections, which were issued in June 2024. 2 Revenues were greater than CBO projected in that baseline—by $29 billion (or 1 percent) and outlays were less than projected, by $53 billion (or 1 percent).
National Deficit | U.S. Treasury Fiscal Data
Understanding the National Deficit. A budget deficit occurs when money going out (spending) exceeds money coming in (revenue) during a defined period. In FY 2024, the federal government spent $ 6.75 trillion and collected $ 4.92 trillion in revenue, resulting in a deficit.
U.S. Treasury posts sharply higher $228 billion June deficit
Jul 13, 2023 · The U.S. government posted a $228 billion budget deficit for June, up 156% from a year earlier as revenues continued to weaken and July benefit payments were accelerated into June, the U.S....
This statement summarizes the financial activities of the Federal Government and off-budget Federal entities conducted in accordance with the Budget of the U.S. Government, i.e., receipts and outlays of funds, the surplus or deficit, and the means of …