US Budget Deficit Hits $91 Billion in Augusteditor
According to the Senate Budget Committee, in the fiscal year 2017, the federal deficit was 3.4% of GDP. For the fiscal year 2018, when the U.S. government operated under its largest budget in history, the deficit was estimated to be 4.2% of GDP. Remember, the lower the debt-to-GDP p...
WASHINGTON (Reuters) -The U.S. budget deficit for the first five months of fiscal 2025 hit a record $1.147 trillion, the Treasury Department said on Wednesday, including a $307 billion February deficit for President Donald Trump's first full month in office that was...
WASHINGTON (AP) — The federal budget deficit in December totaled $13.5 billion, helping to push the deficit for the first three months of this budget year up 41.8 percent from the same period the previous year. The Treasury Department said Wednesday that the budget deficit from October through...
WASHINGTON (AP) — The U.S. government's budget deficit through February hit an all-time high of $l.05 trillion for the first five months of a budget year, as spending to deal with the coronavirus pandemic surged at a pace far above an increase in tax re
The federal budget deficit hit an unprecedented $3 trillion in August, with another month to go before the end of the fiscal year, according to estimates from the Congressional Budget Office (CBO). That figure amounts to $1.9 trillion more than the same period last year, and more than doub...
The U.S. government posted a narrower budget deficit in August compared with last year, keeping the annual gap on track to be the smallest in five years.
The U.S. budget deficit through the first three months of this budget year is up 11.8% from the same period a year ago, putting the country on track to record its first $1 trillion deficit in eight years. In its monthly budget report, the Treasury Department said Monday that the deficit...
US budget deficit. Nature 332, 676 (1988). https://doi.org/10.1038/332676d0 Download citation Issue Date21 April 1988 DOIhttps://doi.org/10.1038/332676d0 Springer Nature Limited We’re sorry, something doesn't seem to be working properly. Please try refreshing the page. If that doesn't ...
SILVER SPRING, Md. (AP) — The U.S. budget deficit climbed to $2.81 trillion in the first 10 months of the budget year, exceeding any on record, the Treasury Department said Wednesday.