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Congressional Budget Office

Congressional Budget Office latest

U.S. budget deficit soars to $1.8 Trillion
October 18th, 2024 - 10:39 GMT

U.S. budget deficit soars to $1.8 Trillion

ALBAWABA - A budget deficit of $1.8 trillion was recently reported by the United States Treasury for the fiscal year 2024, marking the third greatest in the history of the country and reflects a growing gap of $138 billion in comparison to the recorded deficit for the fiscal year 2023, according to Reuters. Increased government expenditure on many important programs and a sharp rise in interest payments on the national ...
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US Budget Office predicts 27% deficit increase due to Israel aid
June 18th, 2024 - 08:51 GMT

US Budget Office predicts 27% deficit increase due to Israel aid

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