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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.
Türkiye's budget deficit hits 4-month high in October
Türkiye saw a budget deficit of TL 186.27 billion ($5.41 billion) in October, official data showed on Friday, marking the highest gap in the last
U.S. budget deficit swells in October as Wall Street worries mount over debt
The U.S. government had a monthly budget deficit of $257 billion in October, as spending on health programs ramped up and collection of corporate taxes fell. The figures released Wednesday follow the Treasury Department's report last month that the 2024 fiscal year had a deficit of [$1.
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.
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.
Maryland, budget deficit
Maryland lawmakers face new $2.7 billion budget deficit, ‘worst situation we’ve seen in the last 20 years’
Maryland lawmakers were warned Tuesday of an impending $2.7 billion deficit they’ll need to resolve for the next budget year — a significant hole that all but guarantees another debate in Annapolis over whether they should make deep budget cuts or raise taxes.
Maryland budget deficit fuels tax increase concerns
Maryland is facing a $2.7 billion
budget
deficit
, and experts said the historic gap can't be fixed by shuffling money around. The dire report has fueled concerns that cuts in services and tax increases may be on the table. Recommendations to close the gap ...
Maryland lawmakers are facing $2.7 billion budget deficit
Maryland lawmakers are facing $2.7 billion budget deficit
Yahoo
2d
Democrats, Republicans already sparring over projected budget deficit
SPRINGFIELD, Ill. (NEXSTAR) — When lawmakers left Springfield last spring, they were celebrating passing another
budget
.
CBS News
1d
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 ...
15h
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 ...
Billy Penn
19h
SEPTA postpones Bus Revolution due to budget deficit
With the exhaustion of federal pandemic relief aid, SEPTA faces a $240 million annual deficit. It’s planning a pair of price ...
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 ...
11h
on MSN
SFMTA considers suspending iconic cable cars amid catastrophic budget deficit
San Francisco's most iconic tourist attraction may not be climbing anywhere soon, thanks to a looming Muni budget deficit.
The Chicago Maroon
2d
University Budget Deficit Hit $288M in FY24, Now $221M
During a third invite-only budget town hall, the University presented the progress made by its budget plan, including ...
4d
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 ...
10h
Service providers protest Seattle proposal to use payroll tax to shore up budget
Service providers in Seattle are calling on the city council to reject permanent changes to its payroll tax spending plan ...
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