"After declining in recent years due to the pandemic ending, the deficit is now back on the rise," Maya MacGuineas, president of the Committee for a Responsible Federal Budget, said in a statement. "At a time when the economy is growing and unemployment remains near historic lows, this sh...
The CBO projects a federal budget deficit of $1.4 trillion for 2023; in 2033, it forecasts that shortfall at $2.7 trillion. The deficit amounts to 5.3 percent of GDP in 2023, grows to 6.1 percent in 2024 and 2025, and then declines in the two years that follow, the office said. But...
This year the federal government is projected to run a $1.9 trillion budget deficit, according to the latest estimate by the CBO.根据国会预算办公室的最新估计，今年联邦政府将出现1.9万亿美元的预算赤字。That would be $200 billion larger than last year's deficit, while the CBO's la...
The U.S. federal budget deficit reached $2.8 trillion for the fiscal year 2021.1It was the second-highest deficit since 1945; the 2020 deficit of $3.1 trillion as a result of the COVID-19 pandemic takes the top spot.23 Learn more about the factors impacting the federal budget deficit, ho...
September 26 2023 US government shutdown Moody’s warns federal shutdown would be ‘negative’ for US debt rating Report comes as hopes for congressional deal to avert crisis fade September 25 2023 US government shutdown Lawmakers warn that US is heading for shutdown as budget talks stall ...
In 2023, the U.S. government had a budget deficit of 1.69 trillion U.S. dollars. This is compared to 2000, when the government had a budget surplus of 0.24 trillion U.S. dollars. U.S. Government budget The government budget is a financial statement that demonstrates the government’s...
This year the federal government is projected to run a $1.9 trillion budget deficit, according to the latest estimate by the CBO. 根据国会预算办公室的最新估计,今年联邦政府将出现1.9万亿美元的预算赤字。 That would be $200 billion larger than last year's deficit, while the CBO's latest estimate...
September 26 2023 US government shutdown Moody’s warns federal shutdown would be ‘negative’ for US debt rating Report comes as hopes for congressional deal to avert crisis fade Save September 25 2023 US government shutdown Lawmakers warn that US is heading for shutdown as budget talks ...
"The borrowing just keeps marching along, reckless and unyielding," said Maya MacGuineas, president of the Committee for a Responsible Federal Budget, in a statement. "Yet despite all the risks and warning signs, these alarm bells seem to be falling on deaf ears." ...
The federal government rang up a $63 billion deficit in July, the department reported. That's a relatively modest amount compared to red ink that spilled in the spring months when the government tried to revive an economy that all but ground to a halt due to the coronavirus outbreak. Last...