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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.
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.
2d
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 ...
2h
on MSN
UC faces half-billion-dollar budget shortfall and increases tuition for new nonresident students
The University of California anticipates more than a $500 million budget gap next summer, so It’s increasing tuition by at ...
8h
on MSN
Get hitched without hassle with pop-up weddings and budget busters
Couples are saying yes to budget-friendly, easy-to-plan, pop-up weddings that first became popular during the pandemic.
WGAL
46m
Proposed 2025 Cumberland County budget includes property tax hike
Cumberland County's proposed 2025 budget includes a 4% property tax hike. If approved, the tax changes will raise county ...
23h
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 ...
2d
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 ...
11h
Nigeria plans $28 bln spending for 2025 budget, minister says
Nigeria plans 47 trillion naira ($28.18 billion) expenditure for 2025 budget on an oil price assumption of $75 per barrel and ...
WBAL TV Baltimore on MSN
1d
Analysts warn lawmakers of growing budget gap in Maryland
Maryland is facing a $2.7 billion budget deficit, and experts said the historic gap can't be fixed by shuffling money around.
1d
on MSN
City Council approves Denver’s $4.4 billion 2025 budget
The Denver City Council unanimously — and quietly — approved a $4.4 billion budget for the city next year on Tuesday evening.
scrippsnews
1d
Tips for holiday traveling on a budget
Holiday cheer is in the air, but the high cost of travel can dim even the brightest holiday spirit. Here are some tips to ...
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 ...
7h
on MSN
Oakland Unified mulls school mergers to address budget shortfall
More changes could be coming to the Oakland Unified School District as they continue to try and find ways to balance their ...
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