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US budget deficit tops $1.8 trillion in fiscal 2024
US budget deficit tops $1.8 trillion in fiscal 2024, third-largest on record
The U.S. budget deficit grew to $1.833 trillion for fiscal 2024, the highest outside of the COVID era, as interest on the federal debt exceeded $1 trillion for the first time and spending grew for the Social Security retirement program,
U.S. budget deficit in fiscal 2024 swells to third-highest level on record
The federal budget deficit for fiscal 2024 was $1.8 trillion, up 8% from a year ago, as the government’s spending continued to swamp revenue.
US budget deficit widens to $1.8 tn, third highest on record
The United States on Friday reported a budget deficit of $1.8 trillion for the past year, widening from 2023's level on greater spending, including for interest on the public debt.
4h
on MSN
Budget 2024 latest: Labour insists income tax threshold freeze would not break manifesto pledge
The health secretary has declined to rule out extending the freeze on income tax thresholds as speculation about possible tax ...
2d
Tension Mounts As Michel Barnier’s Budget Heads To A Vote
Michel Barnier’s budget delivered last week, was largely as expected – focusing on politically clever measures such as a tax ...
10h
Candidates try to guide voters through labyrinthine CT budget debate
CT's fiscal controls, while impossible to ignore, don't translate well to the campaign trail. So how are politicians framing ...
2d
on MSN
Inheritance tax increases expected in Budget
The government is planning to increase the amount of money it raises in inheritance tax at the Budget, the BBC has learned.
Opinion
2d
on MSN
Opinion
Editorial: L.A. is broke. And the budget crisis is self-inflicted
The budget crisis shows Los Angeles is not living within its means. L.A. leaders approve employee raises the city can’t ...
WAMC
3h
First-term Troy Mayor defends her 2025 budget proposal
Quality of life. And another year of the trash fee. Those are some of the key facets of Troy Mayor Carmella Mantello’s first ...
2d
Malaysia to widen tax net, raise minimum wages in 2025 as budget spending hits record
Malaysia will introduce a slew of new taxes, cut subsidies for a widely used fuel, and raise the minimum wage from next year, ...
4d
on MSN
Italy approves tight budget partly funded by a levy on banks and insurers
Italy’s far-right government has approved a budget for next year of about 30 billion euros, or $33 billion, which officials ...
Bloomberg L.P.
3d
Portugal’s Opposition to Let Minority Government’s Budget Pass
Portugal’s biggest opposition party said it plans to let the 2025
budget
proposal pass in parliament, a key step for the ...
1d
Audi to be granted increased budget cap on entering F1
Formula 1 is to adjust its budget cap from 2026 to offset the costs of teams that operate in countries with higher salary ...
1d
on MSN
Facing a budget deficit challenge, Johnson aims to safeguard youth and workforce
Enticing grocery store chains to open in underserved communities is another priority for the Johnson administration.
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Malaysia
deficit
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