Next year's budget gap represents a slight improvement over administration's February forecast, but 2011 outlook is considerably dark. United States public debt - Barack Obama - Economic - Deficit - Government spending
Federal Deficit To Exceed $1.4t In 2010 And 2011
Lori Montgomery, Washington Post
Fri, 07/23/2010 - 1:57pm
BING NEWS:
- New budget projections show US hitting debt record in 4 years: CBO
The nonpartisan Congressional Budget Office released its latest 10-year budget outlook, which projected the U.S. is on track to break a notable debt record in just four years.
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The US government is on track to surpass record debt levels set after World War II in just four years, the Congressional Budget Office warned on Friday — even as it lowered somewhat its deficit ...
01/17/2025 - 6:14 am | View Link - Federal Deficit Spikes Nearly 40% In First Quarter Of 2025
The U.S. federal budget deficit surged during the first quarter of fiscal 2025, climbing nearly 40% higher than last year. The Treasury Department reported a shortfall of over $80 billion for December ...
01/15/2025 - 6:08 am | View Link - Deficit looms in next year’s state budget, but current-year revenues remain on track
A $3.2 billion deficit is predicted for the fiscal year that begins July 1, and the No. 1 task facing Gov. JB Pritzker and the new General Assembly will be to eliminate it.
01/15/2025 - 5:00 am | View Link - Budget Resolution Should Provide a Plan for Realistic Debt Reduction
Lawmakers intend to pursue budget reconciliation legislation in the coming months, which requires passage of a concurrent budget resolution that includes reconciliation instructions in order to ...
01/7/2025 - 11:00 pm | View Link - More
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