U.S. 2024 Deficit Surges
This is a U.S. news story, published by Yahoo, that relates primarily to CBO news.
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deficitsReuters
•CBO estimates $1.8 trillion US deficit for fiscal 2024, largest after COVID
76% Informative
CBO estimates U.S. federal deficit of $1.834 trillion for fiscal 2024 , highest in post-COVID era.
Outlay for Social Security , Medicare and health insurance tax credits rose sharply.
CBO estimates that "baseline" deficits, which assume no changes to current laws, will grow $22 trillion over the next 10 years .
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87
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93
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47
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