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US Oct. Budget Deficit Swells 287% To $257 Billion

U.S. October budget deficit jumps to $257 billion, handing hole to Trump

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 report that started off a new fiscal year with a big hole to be turned over to President-elect Donald Trump in January.

International Business Times · 12h

US October Budget Deficit Swells 287% To $257 Billion

The U.S. budget deficit exponentially increased and reached around $257 billion in October, primarily due to one-off factors.

Seeking Alpha · 15h

Federal Budget: Trump Inherits A $1.8T Annual Deficit

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

MarketWatch · 1d

U.S. budget deficit swells in October as Wall Street worries mount over debt

The U.S. government had a monthly budget deficit of $257 billion in October, as spending on health programs ramped up and collection of corporate taxes fell. The figures released Wednesday follow the Treasury Department's report last month that the 2024 fiscal year had a deficit of [$1.

Maryland, budget deficit

Baltimore Sun on MSN · 1d

Maryland lawmakers face new $2.7 billion budget deficit, ‘worst situation we’ve seen in the last 20 years’

Maryland lawmakers were warned Tuesday of an impending $2.7 billion deficit they’ll need to resolve for the next budget year — a significant hole that all but guarantees another debate in Annapolis over whether they should make deep budget cuts or raise taxes.

Yahoo · 23h

Maryland budget deficit fuels tax increase concerns

Maryland is facing a $2.7 billion budget deficit, and experts said the historic gap can't be fixed by shuffling money around. The dire report has fueled concerns that cuts in services and tax increases may be on the table. Recommendations to close the gap ...

CBS News · 23h

Maryland lawmakers are facing $2.7 billion budget deficit

Billy Penn1h

SEPTA postpones Bus Revolution due to budget deficit

With the exhaustion of federal pandemic relief aid, SEPTA faces a $240 million annual deficit. It’s planning a pair of price ...

CBS News23h

Maryland lawmakers are facing $2.7 billion budget deficit, their worst in two decades

with a $2.7B budget deficit for the next budget year, which begins July 1, 2025. A five-year budget outlook was ...

Yahoo1d

Democrats, Republicans already sparring over projected budget deficit

SPRINGFIELD, Ill. (NEXSTAR) — When lawmakers left Springfield last spring, they were celebrating passing another budget.

KERA News21h

Four reasons Denton ISD is struggling to close its $19 million budget deficit

Denton ISD has been operating at a budget deficit since the 2023-24 school year. At the present, the district has ...

Jweekly.com12m

Israel’s proposed wartime budget would slash benefits for new immigrants

Some see the proposed cuts as a test of Israel’s commitment to encouraging Jewish immigration at a precarious time for world ...

The Chicago Maroon1d

University Budget Deficit Hit $288M in FY24, Now $221M

During a third invite-only budget town hall, the University presented the progress made by its budget plan, including ...

10h

Maryland's $2.7B budget hole requires thoughtful (and immediate) attention

Governor Moore and state lawmakers in Annapolis need to both raise taxes and cut spending to meet the fiscal moment.

ABC7 San Francisco on MSN20h

Oakland teachers union opposes school mergers, says district budget not as dire as projected

The Oakland Unified School District is facing a $78 million projected budget deficit, which will balloon to almost double ...

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US Oct. Budget Deficit Swells 287% To $257 Billion

Maryland, budget deficit

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