U.s. Budget Deficit Surpasses $1 Trillion

Gap between what the government spends and how much money it takes in reaches highest level since 2012

BING NEWS:
  • Walters: Lagging revenue continues to drive California budget deficit
    With the state budget’s June 15 deadline approaching, the amount of tax revenues and the size of the deficit loom large.
    05/4/2024 - 7:59 am | View Link
  • California Budget Deficit Forces Difficult Cuts – Lawmakers, CURB Claim Prison Should Be Easy Choice
    By Shriya Kali Chittapuram SACRAMENTO, CA - In a recent opinion article in the LA Times, California is facing a pressing need for budget cuts - but according to Phil Ting, a Democratic Assembly member ...
    05/3/2024 - 10:20 pm | View Link
  • California’s large budget deficit looms for Gavin Newsom. Why it may be getting worse
    California Gov. Gavin Newsom is likely to face a budget deficit even bigger than the $38 billion he projected during his initial spending plan presentation in January. This means it will be tougher ...
    05/1/2024 - 6:49 am | View Link
  • Portugal Swings to Unexpected $276 Million Budget Deficit
    LISBON (Reuters) - Portugal swung to an unexpected budget deficit of 259 million euros ($276 million) in the first quarter from a surplus of 5.1 billion euros a year ago, the finance ministry said, ...
    05/1/2024 - 1:54 am | View Link
  • Inflation Is Stubborn. Is the Federal Budget Deficit Making It Worse?
    Economists are divided over whether the growing amount of federal borrowing is fueling demand and driving up prices.
    04/29/2024 - 5:50 am | View Link
  • More

 

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