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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.
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.
Maryland, budget deficit
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 — a significant hole that all but guarantees another debate in Annapolis over whether they should make deep budget cuts or raise taxes.
‘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. The dire report has fueled concerns that cuts in services and tax increase
Maryland budget deficit fuels tax increase concerns
Maryland is facing a $2.7 billion
budget
deficit
, and experts said the historic gap can't be fixed by shuffling money around. The dire report has fueled concerns that cuts in services and tax increases may be on the table. Recommendations to close the gap ...
Committee for a Responsible Federal Budget
1h
$700 Billion of Easy Deficit Reduction
The federal budget deficit totaled $2.0 trillion between November 2023 and October 2024 according to estimates from the Congressional Budget Office's Monthly Budget Review. The rolling deficit is $188 ...
CBS News
19h
Maryland lawmakers are facing $2.7 billion budget deficit, their worst in two decades
with a $2.7B
budget
deficit
for the next
budget
year, which begins July 1, 2025. A five-year
budget
outlook was ...
Azer News
3h
US budget deficit quadrupled in year
The U.S. budget deficit for October reached $257 billion, nearly four times higher than the deficit for the same period in ...
KERA News
17h
Four reasons Denton ISD is struggling to close its $19 million budget deficit
Denton ISD has been operating at a
budget
deficit
since the 2023-24 school year. At the present, the district has ...
21h
on MSN
Illinois lawmakers return to Springfield as projected budget deficit looms
Illinois lawmakers returned to Springfield Tuesday for the first time since May following news earlier this month that ...
6h
Maryland's $2.7B budget hole requires thoughtful (and immediate) attention
Governor Moore and state lawmakers in Annapolis need to both raise taxes and cut spending to meet the fiscal moment.
ABC7 San Francisco on MSN
17h
Oakland teachers union opposes school mergers, says district budget not as dire as projected
The Oakland Unified School District is facing a $78 million projected
budget
deficit
, which will balloon to almost double ...
1d
on MSN
With state facing $3B deficit, GOP senators call on Ill. 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 ...
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