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US Oct. Budget Deficit Swells 287% To $257 Billion
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.
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.
1d
Biden Administration Kicks Off Fiscal 2025 With Yet Another Big Budget Deficit
The federal government ran a $257.45 billion budget shortfall to start the new fiscal year, with revenue down and spending up ...
1d
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 ...
CBS News
4d
Maryland lawmakers are facing $2.7 billion budget deficit, their worst in two decades
with a $2.7B
budget
deficit
for the next
budget
year, which begins July 1, 2025. A five-year
budget
outlook was ...
Arab Times
11h
Kuwait’s budget deficit projected at $18 billion
Currently, Kuwait is expected to incur a KD 6 billion deficit in the current fiscal year, with more than 55 days remaining to ...
3d
on MSN
Muni, cable cars may be impacted as SFMTA faces looming budget deficit
Public transit in San Francisco is facing an uncertain future due to a massive budget deficit that could put the city's ...
Reuters on MSN
2d
Mexico budget proposal trims 2025 deficit, sees better growth
MEXICO CITY (Reuters) - Mexico expects its
budget
deficit
next year to come down to 3.9% of GDP as growth increases, ...
2d
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 ...
KERA News
4d
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 ...
19h
Türkiye’s central government budget records deficit of USD5.45 billion last month
Türkiye’s central government budget recorded a deficit of 186.3 billion liras (USD5.45 billion) in October, according to the ...
6d
Orban Lays Out Plans to Narrow Hungary Budget Deficit Next Year
The Hungarian government pledged to further reduce the budget deficit next year, according to the draft plan presented to ...
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