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Payment date change drives Nov. deficit increase
US budget deficit climbs to $367 billion in November on calendar payment shifts
The U.S. government posted a $367 billion budget deficit for November, up 17% from a year earlier, as calendar adjustments for benefit payments boosted outlays by some $80 billion compared to the same month in 2023,
Payment date change drives November deficit increase
The federal deficit increased by $366.8 billion in November, a change driven by spending on defense, Social Security and Medicare payments.
Budget deficit swells in November, pushing fiscal 2025 shortfall 64% higher than a year ago
The U.S. budget deficit swelled in November, putting fiscal 2025 already at a much faster pace than a year ago when the shortfall topped $1.8 trillion, the Treasury Department reported Wednesday. For the month,
22h
on MSN
After reducing deficit, Newsom proposals bring extra costs to California
Tax revenues have exceeded estimates in California, but Gov. Gavin Newsom's costly new proposals and other programs could ...
1d
Outgoing Treasury Sec. Yellen 'sorry that we haven't made more progress,' believes deficit must be decreased
Treasury Sec. Janet Yellen, who will leave office next month, discussed the deficit at the Wall Street Journal's CEO Council ...
Money Metals Exchange
17h
Biden Kicks of Fiscal 2025 With Biggest Deficit Ever
Through the first two months of fiscal 2025, the Biden administration managed to run a $624.21 billion budget. It's the ...
TheNewsCenter
36m
Warren erases big deficit to topple Parkersburg South 41-32
Mackenzie James-McGuire scored a majority of her 14 points in the second half and was a big part of the comeback effort on ...
Alaska Dispatch News
8h
Dunleavy proposes budget with $1.5 billion deficit, projecting $12 billion deficit by 2035
Gov. Mike Dunleavy’s proposal did not account for education funding increase, though he said he would consider a $200 million ...
Alaska Public Media
7h
Dunleavy introduces first-draft budget with $1.5 billion deficit and more than $3,800 PFD
Over the next several months, there’ll be lots of back-and-forth with legislators before they pass their own version.
1d
Yellen ‘sorry’ more progress wasn’t made on deficit
Treasury Secretary Janet Yellen is concerned about the nation’s “fiscal sustainability” this week and said she’s “sorry” that ...
NJ.com
5h
No. 1 St. Augustine overcome two-goal deficit in comeback win - Boys ice hockey recap
Anthony Yeager, Cameron DeLeo and Cooper Prizzi all scored third-period for St. Augustine, No. 1 in the NJ.com Top 20, in its ...
1d
Most Brazilians don't see Lula's fiscal package reducing deficit, poll shows
A majority of Brazilians do not believe the government's package of tax reforms and spending cuts will be enough to address ...
20h
on MSN
China Sees Needs to Increase 2025 Fiscal Deficit, Cut RRR
China sees need to increase fiscal deficit ratio in 2025 and says required reserve ratio and interest rates will be cut at an ...
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