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US budget deficit tops $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,
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 to swamp revenue.
US budget deficit widens to $1.8 tn, 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 greater spending, including for interest on the public debt.
1h
on MSN
Trump proposals could drain Social Security in 6 years, budget group says
The Committee for a Responsible Federal Budget predicts many of Trump’s policies could hasten the looming depletion of the ...
Opinion
2d
on MSN
Opinion
Editorial: L.A. is broke. And the budget crisis is self-inflicted
The budget crisis shows Los Angeles is not living within its means. L.A. leaders approve employee raises the city can't ...
2d
Tension Mounts As Michel Barnier’s Budget Heads To A Vote
Michel Barnier’s budget delivered last week, was largely as expected – focusing on politically clever measures such as a tax ...
1h
UK budget: tough choices on taxes for Rachel Reeves
British finance minister Rachel Reeves faces a tough task to raise the tax revenues she needs to invest more in public ...
6m
Savers stuff Isas with cash ahead of Reeves’s Budget
Savers are stuffing Isas with cash ahead of the Budget to shield their wealth from a possible tax raid ...
WAMC
13h
First-term Troy Mayor defends her 2025 budget proposal
Quality of life. And another year of the trash fee. Those are some of the key facets of Troy Mayor Carmella Mantello’s first ...
25m
Malaysia’s budget surprise on house arrest fuels Najib Razak release speculation
Critics accuse Anwar Ibrahim’s government of slipping plans for a new law into Friday’s budget that could benefit jailed ...
1d
on MSN
Facing a budget deficit challenge, Johnson aims to safeguard youth and workforce
Enticing grocery store chains to open in underserved communities is another priority for the Johnson administration.
3d
on MSN
What’s the future of budget airlines? We asked JetBlue’s founder.
David Neeleman, now the CEO of Breeze Airways, shares his takes on Southwest’s changes, airport lounges and his essential ...
MoneyWeek
2d
Inheritance tax: will you pay more after the Autumn Budget?
The government is already collecting a record amount of inheritance tax. Will changes in the Autumn Budget send death duties ...
8h
on MSN
Labour risks breaking manifesto promise by Budget cut to farming fund
The Government risks breaching its manifesto promises if it cuts a flagship farming fund at the Budget, critics have claimed.
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Malaysia
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