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.
Federal Budget: Trump Inherits A $1.8T Annual Deficit
The Federal Government ran a $1.8T budget deficit for the fiscal year, with a $560B deficit in the last quarter alone.
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 ...
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. 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.
Tesla CEO And DOGE Co-Lead Elon Musk Says 'Excess Government Spending' Causes Inflation: Here's What Experts Say
As U.S. headline and core consumer price inflation increased in October and GDP growth remained resilient in Q3, billionaire ...
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Government aims for 3% budget deficit by 2026, Minister says in budget address
In response to questions from lawmakers during a plenary session on the 2025 Finance Bill (PLF), Finance Minister Nadia Fettah outlined the government’s proactive steps to mitigate the impact of ...
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Maryland lawmakers are facing $2.7 billion budget deficit, their worst in two decades
BALTIMORE -- Maryland lawmakers face a budget outlook worse than during the Great Recession in 2008-2009, with a $2.7B ...
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There’s No Sign of Relief from Ballooning Federal Deficits
The Treasury Department posted its latest revenue and spending totals this week, and deficits continue to mount at impressive ...
The disappointing history of government efficiency commissions like DOGE
Since at least the administration of Theodore Roosevelt, presidents have been appointing commissions to reform the government ...
France Confirms 2024 Budget Deficit Seen at 6.1% of GDP
France’s government confirmed it expects the budget deficit to rise to 6.1% of economic output in 2024 as it canceled some ...