Photo Illustration: Xingpei Shen WASHINGTON—The U.S. budget deficit topped $1.8 trillion in the latest fiscal year, driven by higher spending on interest and programs for older Americans ...
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.While ...
putting the deficit at $1.83 trillion for the year that ended Sept. 30, according to the Congressional Budget Office, which issued its estimates ahead of the official administration tallies ...