That’s $2.3 trillion worse than the administration predicted in its budget just last month. Worst of all, CBO says the deficit under Obama’s policies would never go below 4 percent of the size of the ...

The Federal Government ran a $1.8T budget deficit for the fiscal year, with a $560B deficit in the last quarter alone.

Topline: The federal government had a $1.8 trillion budget deficit in fiscal year 2024, according to new estimates published by the Congressional Budget Office. It’s the largest one-year deficit the ...

WASHINGTON, Nov 13 (Reuters) - The U.S. budget deficit jumped nearly four-fold to $257 billion in October, a figure inflated by one-off factors, the Treasury Department said on Wednesday in a ...

The United States on Friday reported a budget deficit of $1.8 trillion for the past year, widening from 2023's level on greater spending, including for interest on the public debt. The overall ...

Both presidents far exceeded the $2.2 trillion deficit reported during Barack Obama’s second ... There has not been a budget surplus in any year since FY 2001 under then-President Bill Clinton.