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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.
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.
1h
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 ...
KNKX
1h
With $10B deficit looming, WA governor calls on state agencies to make cuts
Washington’s outgoing governor says reductions are needed to balance the next state budget. Lawmakers may also consider new ...
CBS News
1d
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 ...
3h
on MSN
N.B. deficit projection jumps to $92.1 million, squeezing Liberal promises
The new Liberal government of Premier Susan Holt is adding some asterisks to its election promises as it faces a ...
3h
Mexican Government Seeks to Shrink Deficit With 2025 Budget Plan
The 2025 budget plan calls for the public sector borrowing requirement--a broad measure of the fiscal deficit--to decline to 3.9% of gross domestic product from 5.9% of GDP this year. Public sector ...
12h
on MSN
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 ...
Mexico News Daily
30m
Sheinbaum on the 2025 budget and Moody’s rating downgrade: Thursday’s mañanera recapped
President Claudia Sheinbaum discussed Mexico's 2025 budget proposal at her Friday press conference, or mañanera.
4h
Mexico Unveils 2025 Budget Draft That Narrows Fiscal Deficit
Mexico’s government said on Friday that it will narrow the fiscal deficit next year even as President Claudia Sheinbaum ...
4h
on MSN
Moody’s downgrades Mexican government’s outlook to ‘negative’ over weakening of judiciary and debt
Mexico's president has lashed out at Moody’s ratings service after it downgraded the Mexican government’s debt outlook to ...
9h
on MSN
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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