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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.
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.
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.
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.
7h
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 ...
4h
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 ...
3h
on MSN
Mexico budget proposal trims 2025 deficit, sees better growth
Mexico expects its budget deficit next year to come down to 3.9% of GDP as growth increases, Finance Minister Rogelio Ramirez ...
4h
Don't expect Trump's tax bill to be a huge deficit blowout: Economist
Earlier this week, Fed chair Jerome Powell said the central bank was in 'no hurry' to cut rates, in part because of ...
Opinion
3d
Opinion
Editorial: Why are interest rates rising while the Federal Reserve is cutting? Trump deficit worries could be at work.
Bond investors have sent Treasury yields significantly higher in recent weeks even as the Federal Reserve has cut interest ...
1d
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 ...
Sarnia Observer
5h
Sarnia projecting $2.5-million budget deficit to end 2024
Sarnia is projecting a $2.5-million budget deficit for 2024. Emergency repairs at city parks and arenas account for the bulk ...
KERA News
1d
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 whittled ...
5h
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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