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U.S. budget deficit swells
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.
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.
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
on MSN
CNN staffers 'deeply frustrated' as looming budget cuts, layoffs set to impact struggling network
Fox News Digital spoke with CNN insiders worried about the looming layoffs and budget cuts that are about to rattle the ...
14h
County Exec. Crowley signs $1.4B budget for 2025, maintaining core services and dodging major cuts
The 2025 adopted capital budget also includes 54 projects, which total to $110 million in county and external funding sources ...
19h
on MSN
Republicans raise concerns about Illinois’ budget projections showing major deficits
A report forecasting major budget deficits for the state of Illinois is getting the attention of Senate Republicans. ...
6h
on MSN
Utah’s public colleges may face budget cuts in 2025
So far, higher ed administrators haven’t publicly discussed the possible budget cuts, instead saying they’re still having ...
47m
on MSN
Appleton's 2025 budget spends more but reduces burden for most taxpayers
City residents in Winnebago County will see their tax rate rise, while those in Outagamie and Calumet counties decrease.
16m
Hospice faces axing jobs over £1m hole in budget
The hospice said a consultation with staff over redundancies was now under way. Earlier this year, bosses revealed it was ...
9h
Pittsburgh economist explains what latest data means for your holiday budget
The latest economic data shows consumer prices rose slightly in October, which is impacting people's holiday budgets.
9h
Amazon introduces Amazon Haul, a budget-friendly service: What to know
Amazon Haul is a budget-friendly shopping section within the Amazon app, designed for shoppers looking for affordable items.
1d
Mexico Budget Plans to Include $6 Billion Support for Pemex Debt
Mexico plans to set aside about $6 billion for state oil company Petroleos Mexicanos in its 2025 draft budget, people ...
1d
on MSN
City Council approves Denver’s $4.4 billion 2025 budget
The 2025 budget is the city’s most conservative when it comes to spending growth in any year not impacted by the COVID-19 ...
1d
Council faces 'radical action' to save £28m in budget
A council is facing cuts of an "unprecedented magnitude" after announcing it needs to save more than £28m. Slough Borough ...
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