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| Economy |
| US budget deficit rises to $244 billion |
| 2024-08-13 |
| The US Treasury announced on Monday that the US government recorded a budget deficit of $244 billion in July, an increase of 10 percent over the same month of the previous year. The Ministry added that the deficit last month rose by $23 billion from a deficit of $221 billion in July 2023. A Treasury official said that interest on the debt rose 21 percent to $89 billion last month, and the average interest rate rose by about 49 basis points to 3.33 percent. In the first ten months of fiscal year 2024, the deficit in the United States decreased by 6 percent to $1.517 trillion compared to $1.614 trillion in the same period of fiscal year 2023. |
| Posted by:Fred |
| #5 How about Job cuts in the DC Swamp? |
| Posted by: NN2N1 2024-08-13 16:23 |
| #4 How about Job cuts in the DC Swamp? |
| Posted by: NN2N1 2024-08-13 16:23 |
| #3 These numbers have gotten to the point where a lot of people are unable to wrap their heads around them. It's beyond comprehension. The only thing people understand is that there must be a lot of crooks in government. |
| Posted by: Abu Uluque 2024-08-13 11:47 |
| #2 No new spending or increases (not the fake less increase in projected spending). |
| Posted by: Procopius2k 2024-08-13 07:10 |
| #1 Suggestion: Quit giving out $100's of Billion of $$$$$ to other nations. Quit forgiving student loans for people making 6$$$ & 7$$$ figure incomes in professional practices. Quit over reaching and stick to what the US Constitutions limits the Federal Government to doing. Quit funding 10+ Million Illegals at an estimated cost of $25k per year in various impacts to the US Economy Medical industry and direct support to states (Cal) giving them $$$$ per month. |
| Posted by: NN2N1 2024-08-13 06:36 |