world

CBO Estimates $1.8 Trillion US Deficit for Fiscal 2024, Largest after COVID

TEHRAN (Tasnim) – The Congressional Budget Office estimated on Tuesday a US federal deficit of $1.834 trillion for fiscal 2024, the highest in the post-COVID era, as debt interest costs jumped sharply and outlays rose for Social Security, Medicare and health insurance tax credits.

2024-10-09 19:36:01     0    7410
CBO Estimates $1.8 Trillion US Deficit for Fiscal 2024, Largest after COVID

TEHRAN (Tasnim) – The Congressional Budget Office estimated on Tuesday a US federal deficit of $1.834 trillion for fiscal 2024, the highest in the post-COVID era, as debt interest costs jumped sharply and outlays rose for Social Security, Medicare and health insurance tax credits.

News ID: 43693670
Read More

Previous Article
Many Israeli F-35 Jets Destroyed in Iran’s Missile...

Next Article
Ukraine NATO Membership Impossible, Most Members U...

Related Posts

Iranian Academic Elites Meet Leader in Tehran

Iranian Academic Elites Meet Leader in Tehran

2024-10-03 04:47:51 2024-10-03 04:47:51  9038

US Doubtful It Could Help South Korea on Nuclear-Powered Subs

US Doubtful It Could Help South Korea on Nuclear-Powere...

2024-06-02 02:25:04 2024-06-02 02:25:04  158500

Esteghlal Reaches Agreement with Almedin Ziljkic: Report

Esteghlal Reaches Agreement with Almedin Ziljkic: Report

2024-06-30 19:35:28 2024-06-30 19:35:28  116800