Congressional leaders of both parties will meet with the president in an effort to reach a deal to avoid across-the-board tax increases and spending cuts that could push the economy into recession.
Similar Stories to Obama Meeting Top Lawmakers In Tough Deficit Talks on Bing News
By JACKIE CALMES, New York Times
Fri, 11/16/2012 - 7:30am
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BING NEWS:
- Federal deficit nears $2 trillion and getting worse, experts warn
The federal budget deficit exceeded an estimated $1.8 trillion in fiscal year 2024, the CBO reported. Budget watchdogs are warning that the U.S. needs to act to rein in budget deficits.
10/17/2024 - 12:17 am | View Link - US budget deficit hits $1.8 trillion for fiscal 2024, per CBO
Yet again, the federal government spent far more than it collected in revenue, racking up a budget deficit of $1.8 trillion for fiscal year 2024, according to the Congressional Budget Office.
10/8/2024 - 10:42 am | View Link - U.S. deficit hits $1.8 trillion as interest costs rise
The federal budget deficit swelled to $1.8 trillion in the fiscal year that ended in September, an enormous sum that significantly increases the national debt as Washington barrels toward a potential ...
10/8/2024 - 9:48 am | View Link - Deficit nears $2 trillion as lawmakers borrow $5 billion per day
The U.S. annual deficit is nearing $2 trillion for this fiscal year, almost double the record deficits before the COVID-19 pandemic, as federal borrowing hit more than $5 billion per day. The U.S.
10/8/2024 - 7:44 am | View Link - Inside Macron's pitch meeting with Wall Street as budget woes mount
French President Emmanuel Macron has given top U.S. financiers a candid assessment of his country's financial woes, flagging the potential for looming tax increases, sources said this week, in an ...
10/3/2024 - 4:47 pm | View Link - More
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