Budget deficit for FY2024 hits $1.8 trillion, up from FY2023: CBO
The deficit totaled $1.8 trillion in FY2024, marking the second year in a row that deficits have totaled close to $2 trillion, according to the Congressional Budget Office (CBO) monthly budget review. In FY2023, the deficit was slightly lower at $1.7 trillion.
Federal budget deficit hits $1.8T: 5 notes
A report from the Congressional Budget Office estimates the U.S. budget deficit grew to $1.8 trillion in the last fiscal year, driven partially by increased spending on programs for older Americans, including Medicare. Here are five takeaways from the report:
As healthcare costs soar, the Congressional Budget Office (CBO) has recently shed light on a hot political issue: the ...
Mike France knew what he was up against when he took on U.S. Rep. Joe Courtney, D-2nd District, in the 2022 election.
Candidates for Utah’s 1st Congressional District tackled a number of issues on the debate stage Tuesday, but among the key, ...
Nonpartisan congressional analysts said the vice president's campaign plans are unlikely to generate the amount of revenue ...
During the past two years, the House Budget Committee has made more progress on budget reform than we’ve seen in recent ...
Hurd, who has never held elected office before, served a chair of the board of the Grand Junction Area Chamber of Commerce.
The numbers: The Small Business Administration is requesting Congress provide $1.6 billion in new funding to cover the ...
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