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Trump's victory and a $3.1 billion budget deficit weigh on Statehouse Democrats
Illinois House Speaker Chris Welch hired a new appropriations staff director and plans on making operational changes in 2025.
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.
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.
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.
2h
on MSN
Yawning deficit looms as Maryland leaders weigh future cuts, tax hikes
Budget officials say that by 2030, there will be enough revenue to pay for just 84 percent of the state budget, forcing ...
20h
on MSN
Kelly Evans: The math behind the deficit
I am tickled that so many people enjoyed the math behind higher interest rates. So let's press on, shall we? Why not tackle ...
7h
Biden Administration Kicks Off Fiscal 2025 With Yet Another Big Budget Deficit
The federal government ran a $257.45 billion budget shortfall to start the new fiscal year, with revenue down and spending up ...
16h
With $10B deficit looming, Inslee calls on state agencies to make cuts
Rising costs, increasing demand for public services and lower-than-expected tax collections have led to a projected shortfall ...
Opinion
4d
Opinion
Editorial: Why are interest rates rising while the Federal Reserve is cutting? Trump deficit worries could be at work.
Bond investors have sent Treasury yields significantly higher in recent weeks even as the Federal Reserve has cut interest ...
8h
on MSN
Top-ranked Badgers women's hockey rallies from two-goal deficit to top No. 2 Ohio State
The last time the Badgers women's hockey team took the ice against Ohio State, it ended in heartbreak as a late third-period ...
2d
India’s Trade Deficit Widens More Than Expected in October
India’s trade deficit widened significantly in October as imports climbed during the Hindu festival season, even though ...
10h
on MSN
Budget hearing focuses on Chicago police funds as aldermen look to close nearly $1B deficit
A hearing Friday zeroed in on the Chicago Police Department's budget as the city faces a nearly billion-dollar budget ...
KERA News
2d
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 whittled ...
15h
on MSN
Mexico budget proposal trims 2025 deficit, sees better growth
Mexico expects its budget deficit next year to come down to 3.9% of GDP as growth increases, Finance Minister Rogelio Ramirez ...
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