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Biden's Budget Aims To Slash US Deficit By $3 Trillion Next Decade Through Higher Taxes On Wealthy, Big Corporations
The U.S. President’s Budget, released on Monday, sets an ambitious target to significantly curb the vast federal deficit, proposing a cumulative reduction of about $3 trillion compared to projections ... Read More
US annual budget deficit forecast to hit $1 trillion
Donald Trump and his fellow Republicans celebrate passing $1.5 trillion in tax cuts The US is heading for an annual budget deficit ... effects of a new $1.3 trillion government spending bill ... Read More
US budget deficit balloons to $1.7 trillion — largest outside COVID era
The US government on Friday posted a $1.695 trillion budget deficit ... The deficit comes as Biden is asking Congress for $100 billion in new foreign aid and security spending, including $60 ... Read More
Federal deficit hit $1.6 trillion in first 10 months of FY23, more than double last year's shortfall
The nonpartisan Congressional Budget ... PRICES The U.S. ran a record-setting deficit of more than $3.1 trillion in FY2020 after Congress approved trillions of dollars of new spending on temporary ... Read More
U.S. budget deficit hits $1.1 trillion in first half of fiscal year, Treasury says
The numbers: The U.S. budget deficit hit $1.1 trillion in the ... increased government spending, which rose by 13% in the first six months of fiscal 2023. Revenues were 3% lower from October ... Read More
US Budget Deficit to Surpass $1 Trillion
WASHINGTON (AP) — An annual congressional report says the U.S. budget deficit is likely to exceed $1 trillion this year despite a healthy economy. Tuesday's Congressional Budget Office report follows ... Read More
U.S. Deficit Hits $1.7 Trillion, Contradicting Claims of Economic Recovery
The U.S. Treasury Department released its final budget results for Fiscal Year 2023, showcasing a deficit over $1.7 trillion ... economy added over 300,000 new jobs in September, and our GDP ... Read More
US budget deficit hits $2.77 trillion in 2021, 2nd highest
WASHINGTON (AP) — The U.S. budget deficit totaled $2.77 trillion for 2021, the second highest on record but an improvement from the all-time high of $3 ... hit 29.6% of GDP in 1943 as the United ... Read More
Federal Deficit to Hit $2.3 Trillion, CBO Says
Scott Applewhite, File) WASHINGTON (CN) — The federal budget deficit will hit $2.3 trillion ... new weekly newsletter Closing Arguments to get the latest about ongoing trials, major litigation and hot ... Read More
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