budget news - Search News

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 · 10h

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 · 10h

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.

Baltimore Sun on MSN20h

Maryland lawmakers face new $2.7B 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 ...

6hon MSN

Here’s how toilet paper makers are scamming you — don’t let their sup-ply games wipe out your household budget

Numerous brands are skimping on the number of sheets, according to the number crunchers. The analytics cited one culprit, ...

Moorhead superintendent says more than $4 million in budget cuts needed after levy fails

Superintendent Brandon Lunak said while the district will try to minimize classroom effects, education "will be impacted in ...

3hon 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 ...

6h

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.

Gianforte lays out budget priorities for 2025 legislative session

At a Wednesday news conference in Helena, Gov. Greg Gianforte gave a first look at his budget priorities for the next two ...

2hon 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.

5h

Japan planning $87 bln extra budget to fund stimulus package, paper says

The Japanese government is making arrangements to compile a supplementary budget of about 13.5 trillion yen ($87 billion) to ...

1d

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 ...

23h

Council faces 'radical action' to save £28m in budget

A council is facing cuts of an "unprecedented magnitude" after announcing it needs to save more than £28m. Slough Borough ...

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 ...

2d

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.

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