Interest costs in the first 10 months of the fiscal year totaled $956 billion, up 32% from 2023. The Federal Reserve’s aggressive interest-rate hiking campaign, aimed at quelling inflation, has made debt more
USAID has been targeted for closure by billionaire Elon Musk, who has been tasked by the president with downsizing the federal government. A senior White House official, speaking on condition of anonymity, said Trump was considering merging USAID into the State Department and had "entrusted ...
The start and end dates of a fiscal year will depend on the country a company does business in. Some will naturally align with the calendar year running from Jan. 1 to Dec. 31, but many don’t. For example, the U.S. federal government uses Oct. 1 to Sept. 30 as its fiscal year...
Check theOn Calendarcheckbox if your fiscal dates match standard calendar dates. When selecting this option, dates for previous years, the current year, and future years are available. 7 ClickCreateand either review the on-calendar dates or add your company’s fiscal dates if they are off-calen...
Twenty-four of the 29 general government defaults since 1970 have occurred since 2007. Exhibit 3 Overall default frequency is low since Puerto Rico Number of defaults per calendar year, 1970-2022 General Governments 16 Municipal Utilities Competitive Enterprises 14 12 10 8 6 4 2...
8 Nonfarm payroll refers to the number of jobs in the private sector and government agencies. 9 The Personal Consumption Expenditures Price Index is a measure of the prices that people living in the United States, or those buying on their behalf, pay for goods and services. How to invest ...
In the new stable endpoints, you removed "fiscalDateEnding" — is there a way to tell which quarter each estimate refers to? This was removed because the purpose of this earnings calendar is to specify the earnings release and there were a large number of questions surrounding the date presen...
The Multistate Tax alert archive includes external tax alerts issued by Deloitte Tax LLP's Multistate Tax practice during the last three years.
This October, the first month on the government’s calendar for fiscal 2022, spending fell 14% from last year to $449 billion, while revenues rose 19% to an October record of $284 billion. Treasury officials said Wednesday that the lower October deficit this year was attributable to more ta...
After calendar adjustments for both receipts and outlays, the adjusted deficit would have been $311 billion, matching the record February reported budget deficit in 2021, which was driven by COVID-19. The Committee for a Responsible Federal Budget, a fiscal watchdog grou...