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The shortfall was more than 8% from the previous year and the third highest on record, the Treasury Department said Friday.

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US fiscal deficit hits $1.8 trillion in 2024, up $138 billion from last year - News Facts Network

President Biden closed his last full fiscal year with a $1.833 trillion deficit, marking the worst nonpandemic year in history and raising fears the government is heading for an uncontrollable fiscal spiral.

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Biden ends fiscal year with $1.8 trillion deficit; gross interest payments top $1 trillion

The Biden administration rang up a budget deficit topping $1.8 trillion in fiscal 2024, up more than 8% from the previous year and the third highest on record,...

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US deficit tops $1.8 trillion in 2024 as interest on debt surpasses trillion-dollar mark

This year marks the third-highest US deficit behind 2021 and 2020, according to the Treasury. In the 2020 budget year, the deficit hit a record of $3.1 trillion as spending soared to help the economy weather the Covid-19 pandemic.

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US budget deficit reaches $1.8 trillion as nation's debt remains a key concern for voters

WASHINGTON – 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 deficit expanded by $138 billion for the fiscal year, said the Treasury Department. The nation’s debt remains a key concern

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US budget deficit widens to $1.8 trillion, 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. The overall deficit expanded by $138 billion for the year ending September 30, said the Treasury Department. The nation's debt…

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U.S. budget deficit widens to $1.8 tn, third highest 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.

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

In fiscal year 2024, the U.S. government spent nearly $900 billion on interest on the debt alone.

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

WASHINGTON — 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…

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US budget deficit tops $1.8 trillion in fiscal 2024, third

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Endgame: US Ends Fiscal 2024 Paying A Record $1.1 Trillion In Interest Expense

Washington. The United States deficit increased to 6.4% of GDP in 2024, compared to 6.2% in 2023, with additional tax revenues that did not offset the increase in debt service costs during a period of high interest rates. This was announced by the Treasury Department, less than three weeks before the November 5 elections between the Democratic candidate and vice-president of Joe Biden, Kamala Harris, and former Republican President Donald Trump.…

Washington. El déficit de Estados Unidos aumentó a 6,4% del PIB en el 2024, frente al 6,2% de 2023, con ingresos fiscales adicionales que no compensaron el aumento de los costos del servicio de la deuda durante un periodo de tasas de interés elevadas.Así lo anunció el Departamento del Tesoro, a menos de tres semanas de las elecciones del 5 de noviembre entre la candidata demócrata y vicepresidenta de Joe Biden, Kamala Harris, y el expresidente r…

Déficit presupuestario de Estados Unidos subió a 6,4% del PIB en 2024

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U.S. budget deficit rose to 6.4% of GDP in 2024

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U.S. deficit tops $1.8 trillion in 2024 as interest on debt surpasses trillion-dollar mark

U.S. deficit tops $1.8 trillion in 2024 as interest on debt surpasses trillion-dollar mark

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