Politics Jun 04 How Trump’s big bill will affect taxes, the deficit and health care, according to the budget office By Lisa Mascaro, Associated Press
Politics May 10 California governor aims to slash 10,000 vacant state jobs to help close $27.6 billion deficit California Gov. Gavin Newsom says the state's budget deficit is $27.6 billion. The figure Newsom announced Friday is smaller than the deficit he anticipated in January. By Adam Beam, Associated Press
Nation Oct 21 Watch 1:21 News Wrap: U.S. budget deficit rises to $1.7 trillion in 2023 fiscal year In our news wrap Saturday, new numbers from the U.S. Treasury Department showed the nation’s deficit has increased nearly 25 percent to $1.7 trillion in the last fiscal year, and at least four people have died in the torrential storm…
Politics May 12 California’s Gov. Newsom says state’s budget deficit has grown to nearly $32 billion California Gov. Gavin Newsom said Friday the state's budget deficit has grown to nearly $32 billion. That's about $10 billion more than predicted in January, when the governor offered his first budget proposal. By Adam Beam, Associated Press
World Feb 15 Watch 5:39 News Wrap: Congressional Budget Office offers bleak reassessment of U.S. economy In our news wrap Wednesday, the Congressional Budget Office offered a bleak reassessment of the U.S. economy, a white supremacist was sentenced to life without parole for killing 10 black people in Buffalo last May, the Justice Department closed a…
May 04 WATCH: President Biden remarks on deficit progress in bid to counter critics By Josh Boak, Fatima Hussein, Associated Press President Joe Biden plans to highlight deficit reduction in remarks noting that the government will pay down the national debt this quarter for the first time in six years. Continue reading
Dec 10 U.S. government deficit down 17 percent from same period a year ago By Martin Crutsinger, Associated Press The improvement reflected government revenues that have been rising at a faster pace than spending over the past two months. Continue reading
Oct 22 U.S. budget deficit hits $2.77 trillion in 2021, second highest on record By Martin Crutsinger, Associated Press The Biden administration said Friday that the 2021 deficit, for the budget year that ended Sept. 30 was $360 billion lower than 2020 as a recovering economy boosted revenues, helping to offset government spending from pandemic relief efforts. Continue reading
Apr 24 Coronavirus relief pushing U.S. deficits to staggering heights By Andrew Taylor, Associated Press A recession caused by the coronavirus pandemic and a burst of government spending will nearly quadruple the government’s budget deficit, the Congressional Budget Office said Friday. Continue reading
Jan 16 U.S. Treasury announces it will begin selling new 20-year bond By Martin Crutsinger, Associated Press Faced with financing budget deficits topping $1 trillion annually, the Treasury is introducing a new 20-year bond. Continue reading