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Deficit Hits Record $430.6 Billion Through January

The federal deficit through the first four months of the budget year is running at a record-breaking pace even though the deficit in January was slightly smaller than expected.

 

Hoyer: U.S. debt limit to rise by at least $1.8T

Increase is much larger than previously planned, but is necessary to avoid defaulting on debts next year, House majority leader says.

 

US deficit 'hits record $1.4tn'

US deficit 'hits record $1.4tn'

The US budget deficit more than tripled to a record $1.4 trillion in the year to 30 September, the US Congress estimates.

 

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