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US budget deficit tops $1.8 trillion in fiscal 2024

Reuters on MSN · 11h

US budget deficit tops $1.8 trillion in fiscal 2024, third-largest on record

The U.S. budget deficit grew to $1.833 trillion for fiscal 2024, the highest outside of the COVID era, as interest on the federal debt exceeded $1 trillion for the first time and spending grew for the Social Security retirement program,

MarketWatch on MSN · 11h

U.S. budget deficit in fiscal 2024 swells to third-highest level on record

The federal budget deficit for fiscal 2024 was $1.8 trillion, up 8% from a year ago, as the government’s spending continued to swamp revenue.

The Jakarta Post · 1h

US budget deficit widens to $1.8t, third-highest on record

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.

CNN on MSN · 10d

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.

East Orange mayor addresses school district budget deficit

Hosted on MSN · 13h

East Orange mayor addresses school district budget deficit, says it comes down to "oversight"

The East Orange school district had another half day Friday, as it deals with a $25 million deficit and massive layoffs.

East Orange schools dismissed early for second day: ‘tough times’

For the second day in a row, East Orange public schools had an early dismissal because of a large number of teacher absences. On Wednesday, the district announced it was eliminating 93 positions for financial reasons.

NJ.com on MSN · 21h

Another half day for N.J. school district that announced dozens of job cuts

Students in East Orange will have a second straight half day of school on Friday after the district announced dozens of teaching and coaching positions are being eliminated. The board of education announced the cut at an emotional board meeting on Tuesday night as it tries to figure out how to deal with a $25 million budget shortfall.

Feds end 2024 with $1.8 trillion deficit; national debt nears $36 trillion

"We expect the federal government to run large fiscal deficits that average around 7% of GDP per year over the next five ...

10d

U.S. Budget Deficit Rises to $1.8 Trillion in 2024

New estimates from the Congressional Budget Office show continuing fiscal strain, despite steady economic growth.

KLAS Las Vegas on MSN13h

State issues letter to CCSD seeking further clarity on budget deficit

The Nevada State Superintendent of Public Instruction sent a letter to the Clark County School District earlier this month, ...

37mOpinion

Opinion: When analyzing the state’s budget outlook, context matters

You might have recently heard that Maine could face a nearly $1 billion deficit, also known as a “structural gap,” in the ...

7h

CCSD schools brace for staff reassignments amid budget issues, $11 million shortfall

Schools across the Clark County School District (CCSD) are preparing for significant staff changes starting Monday due to ...

The Daily Star11h

Bassett lays off 100 employees to reduce budget deficit

Bassett Healthcare Network laid off around 100 employees this week across its hospitals and health care facilities by ...

3don MSN

France's budget battle: Why the government's plan to plug the deficit is sparking an outcry

France’s new government has unveiled its 2025 belt-tightening budget bill, with plans for major tax hikes and spending cuts ...

12hon MSN

US Posts $1.8 Trillion Annual Deficit, Highest Outside of Covid

The US government’s budget deficit hit its highest since the Covid pandemic years in 2024, propelled by increased debt ...

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