The U.S. government on Friday posted a $1.695 trillion budget deficit in fiscal 2023, a 23% jump from the prior year as revenues fell and outlays for Social Security, Medicare and interest costs on the federal debt rose significantly.



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Reuters

United Kingdom

U.S. budget deficit jumps 23% to nearly $1.7 trillion as Social Security, health costs rise

The U.S. government on Friday posted a $1.695 trillion budget deficit in fiscal 2023, a 23% jump from the prior year as revenues fell and outlays for Social Security, Medicare and interest costs on the federal debt rose significantly.

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WASHINGTON, Oct. 20 (Xinhua) -- The U.S. federal government recorded a budget deficit of nearly 1.7 trillion dollars in fiscal year 2023, which ended in September, up 23.2 percent from the previous fiscal year, the Treasury Department reported Friday. Read full story

The Star Kuala Lumpur

Star Media Group

Malaysia

U.S. budget deficit up 23 pct in fiscal year 2023 amid rising interest rates

The federal deficit leaped to $1.7 trillion for the just-ended fiscal year 2023, the Treasury Department announced, with President Biden's team pinning blame on his predecessor's 2017 tax cut package.

Washington Times

The Washington Times LLC

United States

Federal government notches $1.7 trillion deficit for fiscal year, third

The US government posted a $1.695 trillion budget deficit in fiscal 2023, a 23% jump from the prior year as revenues fell and outlays for Social Security, Medicare and record-high interest costs on the federal debt rose.

New York Post

Murdoch family

New York

US budget deficit balloons to $1.7 trillion — largest outside COVID era

The US government on Friday (Oct 20) posted a US$1.695 trillion budget deficit in fiscal 2023, a 23 per cent jump from the prior year as revenues fell and outlays for Social Security, Medicare and interest costs on the federal debt rose significantly. The Treasury Department said the deficit was

Channel News Asia

Government of Singapore

Singapore

US budget deficit jumps nearly US$1.7 trillion as Social Security, health costs rise

The U.S. ended up with an imbalance of $1.695 trillion, up about $320 billion, or 23.2%, from fiscal 2022.

CNBC

Roberts family

U.S. wraps up fiscal year with a budget deficit near $1.7 trillion

The federal budget deficit rose to $1.7 trillion in fiscal 2023, according to data released Friday by the Treasury Department. The gulf between how much money the federal government spent and made in revenue rose by $320 billion between fiscal 2023 — which ended September 30 — and the previous fiscal year. The fiscal 2023…

The Hill

Nexstar Media Group

Washington

District of Columbia

Federal deficit rose to $1.7 trillion in fiscal 2023

As a percentage of GDP, the deficit was 6.3%, up from 5.4% in fiscal year 2022

TASS [🇷🇺-affiliated]

Government of Russia

Moscow

Russia

US budget deficit climbs to $1.7 trillion in 2023 fiscal year

The federal budget deficit officially rose to $1.7 trillion for fiscal 2023, which ended in September, the Treasury Department announced on Friday.

Washington Examiner

Philip Anschutz

Federal budget deficit rose to $1.7 trillion in fiscal 2023, Treasury says

【大紀元2023年10月21日訊】（大紀元記者林燕報導）週五（10月21日），美國政府公布2023財年預算赤字達1.7萬億美元左右，比上年猛增23%，原因是財政收入下降，社會保障、醫療保險和聯邦債務利息支出創歷史新高。 財政部表示，這是自2021年COVID-19引發的2.78萬億美元缺口以來的最大一個赤字。拜登總統上任頭兩年，預算赤字連續下降，到第三年時，預算赤字再次大幅膨脹。 在出現預算赤字的同時，拜登正要求國會新增1,000億美元的對外援助和安全支出，其中包括為烏克蘭提供600億美元，為以色列提供140億美元，以及為美國邊境安全和印度洋-太平洋地區提供資金。 因預算赤字大幅飆升，拜登與眾議院共和黨人的財政爭鬥可能會激化。6月初，共和黨人要求白宮削減開支的要求，已將美國推到過因債務上限而違約的邊緣。 由於共和黨強硬派要求進一步削減政府開支，不滿為避免政府關門達成短期妥協協議，導致前美國眾議院議長凱文‧麥卡錫（Kevin McCarthy）被罷免。 9月是財年的最後一個月。在共和黨的…

U.S. budget deficit jumps 23% to nearly $1.7 trillion as Social Security, health costs rise

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