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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.
Federal Budget: Trump Inherits A $1.8T Annual Deficit
The Federal Government ran a $1.8T budget deficit for the fiscal year, with a $560B deficit in the last quarter alone.
U.S. budget deficit swells in October as Wall Street worries mount over debt
The U.S. government had a monthly budget deficit of $257 billion in October, as spending on health programs ramped up and collection of corporate taxes fell. The figures released Wednesday follow the Treasury Department's report last month that the 2024 fiscal year had a deficit of [$1.
Barron's on MSN
16h
U.S. Posts Biggest October Deficit Since Pandemic as Trump Heads to Washington
The U.S.
deficit
spiked to start the new fiscal year, casting a shadow over the budget outlook as Washington braces for a ...
20h
on MSN
Maryland lawmakers face new $2.7 billion budget deficit, ‘worst situation we’ve seen in the last 20 years’
Maryland lawmakers were warned Tuesday of an impending $2.7 billion deficit they’ll need to resolve for the next budget year ...
3h
on MSN
Job cuts 'inevitable' over £30m university deficit
Dundee University has told staff that job losses are "inevitable" as it faces a potential deficit of £30m in the next ...
CBS News
13h
Maryland lawmakers are facing $2.7 billion budget deficit, their worst in two decades
BALTIMORE -- Maryland lawmakers face a budget outlook worse than during the Great Recession in 2008-2009, with a $2.7B budget ...
5h
India's October merchandise trade deficit at $27.14 bln
India's merchandise trade deficit in October stood at $27.14 billion, according to a Reuters calculation based on export and ...
Yahoo
21h
Democrats, Republicans already sparring over projected budget deficit
SPRINGFIELD, Ill. (NEXSTAR) — When lawmakers left Springfield last spring, they were celebrating passing another budget. But ...
1d
on MSN
With state facing $3B deficit, GOP senators call on Gov. JB Pritzker to promise no tax hikes
On the first day of the Illinois legislature’s brief fall session, Republicans called on Democratic Gov. JB Pritzker to ...
Committee for a Responsible Federal Budget
1d
12-Month Rolling Deficit Totals $2.0 Trillion in October 2024
The federal budget deficit totaled $2.0 trillion between November 2023 and October 2024 according to estimates from the ...
4h
India’s Trade Deficit Widens More Than Expected in October
India’s trade deficit widened significantly in October as imports climbed during the Hindu festival season, even though ...
WBAL
13h
‘Don’t have a very strong growth’: Analysts sound alarm as Maryland faces historic budget deficit
Maryland is facing a $2.7 billion budget deficit, and experts said the historic gap can’t be fixed by shuffling money around.
13h
on MSN
Potterville Public Schools faces budget deficit amid police investigation into missing funds
Potterville Public Schools ius looking forward as it grapples with an investigation from the Eaton County Sheriff’s office ...
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