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US budget deficit climbs to $367 billion in November on calendar payment shifts
The U.S. government posted a $367 billion budget deficit for November, up 17% from a year earlier, as calendar adjustments for benefit payments boosted outlays by some $80 billion compared to the same month in 2023,
Budget deficit swells in November, pushing fiscal 2025 shortfall 64% higher than a year ago
The U.S. budget deficit swelled in November, putting fiscal 2025 already at a much faster pace than a year ago when the shortfall topped $1.8 trillion, the Treasury Department reported Wednesday. For the month,
Payment date change drives November deficit increase
The federal deficit increased by $366.8 billion in November, a change driven by spending on defense, Social Security and Medicare payments.
4h
on MSN
Minneapolis Mayor Frey to veto "problematic" city budget he says funds "pet projects"
Minneapolis Mayor Jacob Frey said Wednesday he will veto a new budget that funds, what he calls, pet projects, and will cost ...
1d
Budget overhaul could cut deep in Trump country
Trump has proposed big cuts to the federal budget, but any significant reductions could have an outsized impact in states ...
1d
After much revision, Mayor Brandon Johnson’s budget plan ekes through Finance Committee
It’s one step toward the spending plan coming to the full council for an up or down vote, which could happen as soon as ...
1d
on MSN
Minneapolis council adopts budget that increases property tax levy 6.8% over 2024
After three days of budget revisions and a whopping 74 amendments, the Minneapolis City Council approved a property tax levy ...
2h
on MSN
House passes military budget with Democrats, Republicans at odds over price and policy
The House passed the National Defense Authorization Act (NDAA), including a double-digit pay raise for some military members ...
2d
Oakland officials weigh options, possible cuts as city faces $130M budget deficit
Oakland Monday as city leaders said they have found enough money in enough places that they can move that they can avoid ...
6abc News
5h
Delaware Co. Council approves budget with nearly 24% property tax hike
Members say the tax increase would help them avoid cutting government services, as federal COVID funds run out.
2d
NHS to get £600m Welsh budget boost to tackle waits
Transport's boost includes charges that the Welsh government will have to pay for the A465 Heads of the Valleys Road. The ...
6h
Michael D. Belsky: Chicago’s budget process is chaotic. It needs a stronger Office of Financial Analysis.
It should be common sense that aldermen and the Council Office of Financial Analysis should have ample time to scrutinize the ...
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