Budget Deficit | search
Click here to view Budget Deficit news from 60+ newspapers.
Bookmark or Share
Get the latest news about Budget Deficit from the top news sites, aggregators and blogs. Also included are videos, photos, and websites related to Budget Deficit.
Hover over any link to get a description of the article. Please note that search keywords are sometimes hidden within the full article and don't appear in the description or title.
- What is the federal government’s budget deficit? | USAFactsThis can provide a preliminary look at the deficit or surplus and may sometimes be more than a year ahead of OMB’s data. As of September, the FY 2024 budget deficit has reached $1.8 trillion. This is higher than the deficit was in the same month of FY 2023.
- National Deficit | U.S. Treasury Fiscal DataThe amount by which spending exceeds revenue, $ trillion in 0, is referred to as deficit spending. The opposite of a budget deficit is a budget surplus, which occurs when the federal government collects more money than it spends. The U.S. has experienced a fiscal year-end budget surplus four times in the last 50 years, most recently in 2001.
- Monthly Budget Review: Summary for Fiscal Year 2024In fiscal year 2024, which ended on September 30, the federal budget deficit totaled $1.8 trillion—an increase of $138 billion (or 8 percent) from the shortfall recorded in the previous year. Revenues and outlays alike increased from 2023 totals: Revenues rose by 11 percent, or $479 billion, and outlays increased by 10 percent, or $617 billion.
- Outlook for the Budget and the Economy - Congressional Budget OfficeCBO’s updated projections show a federal budget deficit of $1.5 trillion for 2023. That estimate is subject to considerable uncertainty, though, in part because of a recent shortfall in tax revenues.
- U.S. Budget Deficit by Year - The BalanceEconomists debate the merits of running a budget deficit, so there isn't one agreed-upon situation where a deficit is considered good or bad. Generally, a deficit is a byproduct of expansionary fiscal policy , which is designed to stimulate the economy and create jobs.
More
