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Budget Def... Featured News
Obama unveils new budget plan and gets tepid Republican response
Obama-Republican Budget Battle Isn't Only Taxes and Cuts
NBC/WSJ poll: Two-thirds support balanced deficit deal
Budget deficit rises to $120 billion in October
L.A. budget chief warns of bankruptcy without tax hikes, layoffs
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Deficit Tracker | Bipartisan Policy Center
So far this fiscal year, the budget deficit has mounted to $1.88 trillion, more than two-and-a-half times as large as at this point last year (when it was $739 billion). Total revenues so far this fiscal year are down 11% ($256 billion) compared to the same point last year, while outlays are up 29% ($886 billion).
National Deficit | U.S. Treasury Fiscal Data
Understanding the National Deficit. A budget deficit occurs when money going out ( spending) exceeds money coming in ( revenue) during a defined period. In FY 2023, the federal government spent $ 6.13 trillion and collected $ 4.44 trillion in revenue, resulting in a deficit.
Monthly Budget Review: July 2021 | Congressional Budget Office
Summary. The federal budget deficit was $2.5 trillion in the first 10 months of fiscal year 2021, the Congressional Budget Office estimates—$269 billion less than the deficit recorded during the same period last year. Although outlays rose by an estimated $225 billion (or 4 percent), revenues rose more—by an estimated $494 billion (or 17 percent).
U.S. budget deficit hits $2.77 trillion in 2021, second highest on ...
Economy Oct 22, 2021 12:09 PM EDT. 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 $3.13...
Budget Deficit: Causes, Effects, and Prevention Strategies - Investopedia
What Is a Budget Deficit? A budget deficit occurs when government expenses exceed revenue. Many people use it as an indicator of the financial health of a country. It is a term more...
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