Treasury: Deficit Hits New Record

The Treasury Department says the federal government already has run up a record deficit of $485.2 billion in just the first three months of the current budget year.

Topics:  treasury department   deficit   record   
BING NEWS:
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    The budget deficit continues to balloon, with the Q1 2025 budget shortfall running 39.4 percent higher than the same period in fiscal 2024.
    01/16/2025 - 2:20 am | View Link
  • Deficit Fears Are Driving Up Bond Yields. Stocks Could Take a Hit.
    When the bond market calls the tune for stocks, it’s time for investors to proceed with caution. The 10-year Treasury yield, always closely watched, has now arguably become the most important metric ...
    01/9/2025 - 8:22 am | View Link
  • Money Supply Growth Accelerates and Hits a 27-Month High
    In November, year-over-year growth in the money supply was at 2.35 percent. That’s a 27-month high and the largest year-over-year increase since September ...
    01/9/2025 - 8:00 am | View Link
  • Outstanding debt hits fresh high of P16.09T
    By Aubrey Rose A. Inosante, Reporter THE NATIONAL Government’s (NG) outstanding debt rose to a fresh high of P16.09 trillion as of end-November, partly reflecting the impact of the peso depreciation ...
    01/7/2025 - 2:34 am | View Link
  • Foreign Ownership of Treasury Debt Hits Record High
    Foreign holdings of U.S. government debt rose to a record level in September, the latest Treasury Department data showed on Monday. It’s a signal that demand for Treasuries remains robust.
    11/18/2024 - 8:16 am | View Link
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