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US Oct. Budget Deficit Swells 287% To $257 Billion
Opinion
Trump's victory and a $3.1 billion budget deficit weigh on Statehouse Democrats
Illinois House Speaker Chris Welch hired a new appropriations staff director and plans on making operational changes in 2025.
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. According to a report by the Treasury Department released on Wednesday, the figure was a sharp increase of 287% from October 2023's $67 billion deficit.
U.S. federal budget deficit swells more than expected in first month of FY25
The U.S. federal government spent $257.0B more than it earned in October, compared with the $226.4B deficit expected and September's $64.0B shortfall, according to the Treasury Department's statement issued on Wednesday.
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Yawning deficit looms as Maryland leaders weigh future cuts, tax hikes
Budget officials say that by 2030, there will be enough revenue to pay for just 84 percent of the state budget, forcing ...
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on MSN
Kelly Evans: The math behind the deficit
I am tickled that so many people enjoyed the math behind higher interest rates. So let's press on, shall we? Why not tackle ...
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We're Already On Track For A $2 Trillion Deficit This Year
The Treasury Department posted its latest revenue and spending totals this week, and deficits continue to mount at impressive ...
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With $10B deficit looming, Inslee calls on state agencies to make cuts
Rising costs, increasing demand for public services and lower-than-expected tax collections have led to a projected shortfall ...
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on MSN
N.B. deficit projection jumps to $92.1 million, squeezing Liberal promises
The new Liberal government of Premier Susan Holt is adding some asterisks to its election promises as it faces a ...
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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 ...
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Leafs overcome third-period deficit, beat Oilers in OT
Mitch Marner scored his 200th career goal 40 seconds into overtime and the Toronto Maple Leafs defeated the visiting Edmonton ...
1d
on MSN
Nelly Korda recovers from a 6-shot deficit and cuts Charley Hull’s lead to one in LPGA
Charley Hull has a one-shot lead over Nelly Korda after both made bogey in the dark on the final hole at The Annika.
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Mexico Unveils 2025 Budget Draft That Narrows Fiscal Deficit
Mexico’s government said on Friday that it will narrow the fiscal deficit next year even as President Claudia Sheinbaum ...
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Holy Cross erases 18-point deficit to keep Patriot League title hopes alive
The lead changed hands three times in the fourth quarter and Holy Cross (5-6, 4-1) sealed the victory on a Joe Townsend strip sack with Frankie Monte recovering.
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