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U.S. budget deficit swells

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.

MarketWatch · 18h

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.

Seeking Alpha on MSN · 18h

U.S. federal budget deficit swells more than expected in first month of FY25

The U.S. federal government spent $257.0B more than it earned in October, compared with the $226.4B deficit expected and September's $64.0B shortfall, according to the Treasury Department's statement issued on Wednesday.

1don MSN

CNN staffers 'deeply frustrated' as looming budget cuts, layoffs set to impact struggling network

Fox News Digital spoke with CNN insiders worried about the looming layoffs and budget cuts that are about to rattle the ...

14h

Pittsburgh economist explains what latest data means for your holiday budget

The latest economic data shows consumer prices rose slightly in October, which is impacting people's holiday budgets.

10hon MSN

Utah’s public colleges may face budget cuts in 2025

So far, higher ed administrators haven’t publicly discussed the possible budget cuts, instead saying they’re still having ...

13hon MSN

Budget analyst says overspending is pushing Maryland into a fiscal crisis

When lawmakers left Annapolis this spring, they celebrated the passing of a budget that avoided broad tax increases. But when ...

5hon MSN

Appleton's 2025 budget spends more but reduces burden for most taxpayers

City residents in Winnebago County will see their tax rate rise, while those in Outagamie and Calumet counties decrease.

Mexico Budget Plans to Include $6 Billion Support for Pemex Debt

Mexico plans to set aside about $6 billion for state oil company Petroleos Mexicanos in its 2025 draft budget, people ...

1don MSN

City Council approves Denver’s $4.4 billion 2025 budget

The Denver City Council unanimously — and quietly — approved a $4.4 billion budget for the city next year on Tuesday evening.

New German finance minister does not plan 2024 budget freeze

New German Finance Minister Joerg Kukies said on Tuesday there will be no budget freeze for this year as a result of the ...

14hon MSN

Feds Approve $80 Million Budget for 'Private' Horse Racing Regulator

The Federal Trade Commission (FTC) approved the Horseracing Integrity and Safety Authority's (HISA) $80 million budget last ...

Hospice faces axing jobs over £1m hole in budget

The hospice said a consultation with staff over redundancies was now under way. Earlier this year, bosses revealed it was ...

UK Business Closures Surge After Budget Hit to Employers

Company insolvencies are surging in the UK after the Labour government reduced tax breaks and increased levies for owners.

12hon MSN

Aldermen struggle with Johnson’s ‘rudderless’ lobbying office amid budget negotiations

A tense budget season for Mayor Brandon Johnson seems to be getting worse, with persistent staffing issues in the office tasked with lobbying the City Council emboldening many aldermen to try to seize ...

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U.S. budget deficit swells

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