US budget deficit reaches $1.8 trillion in fiscal 2024
US budget deficit tops $1.8 trillion in fiscal 2024, third-largest on record
The U.S. budget deficit grew to $1.833 trillion for fiscal 2024, the highest outside of the COVID era, as interest on the federal debt exceeded $1 trillion for the first time and spending grew for the Social Security retirement program,
US budget deficit hits $1.8 trillion for fiscal 2024, per CBO
Yet again, the federal government spent far more than it collected in revenue, racking up a budget deficit of $1.8 trillion for fiscal year 2024, according to the Congressional Budget Office.
US reports third largest budget deficit
The deficit for the year ended September 30 was up 8%, or $138 billion, from $1.695 trillion recorded in fiscal year 2023. It was the third-largest federal deficit in US history, after the pandemic relief-driven deficits of $3.132 trillion in fiscal 2020 and $2.772 trillion in fiscal 2021.
America’s budget deficit hits $1.8 trillion, third largest in history
America’s budget deficit hit a massive $1.8 trillion in 2024, making it the third largest deficit in U.S. history. This figure, confirmed by the Treasury Department, represents an increase of over 8% from last year.
Federal government ends fiscal year with $1.8 trillion deficit
The federal government ended the previous fiscal year with a deficit exceeding $1.8 trillion with net interest on the national debt having a larger impact on total outlays than fiscal year 2023. The U.
US federal budget ends FY24 at $1.8T, up $138B
The federal government ended its fiscal year last month with an annual budget deficit of $1.8T, up $138B from the year before ...
U.S. budget deficit in fiscal 2024 swells to third-highest level on record
The federal budget deficit for fiscal 2024 was $1.8 trillion, up 8% from a year ago, as the government’s spending continued ...
US Posts $1.8 Trillion Annual Deficit, Highest Outside of Covid
The US government’s budget deficit hit its highest since the Covid pandemic years in 2024, propelled by increased debt ...
Investors unnerved by explosive growth of US government’s fiscal debt
The US federal budget deficit grew to $1.833 trillion for the 2024 fiscal year, which ended on September 30, the highest ...
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US budget deficit widens to $1.8t, third-highest on record
The United States on Friday reported a budget deficit of $1.8 trillion for the past year, widening from 2023's level on ...
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US deficit for fiscal 2024 estimated at US$1.8 trillion, largest after Covid
THE Congressional Budget Office (CBO) estimated on Tuesday (Oct 8) a US federal deficit of US$1.8 trillion for fiscal 2024, ...