US deficit starts new fiscal year 286.8% higher
12 hours ago · The debt-to-GDP ratio at the end of fiscal 2024 was 123%, an increase from 121% at fiscal year 2023's conclusion. Support journalism that digs deeper into topics that matter most to Arkansans.
U.S. Postal Service Reports Fiscal Year 2024 Results
1 day ago · WASHINGTON - The U.S. Postal Service today announced its financial results for the 2024 fiscal year ended September 30. Controllable loss, which excludes certain expenses that are not controllable by management, was $1.8 billion for the year, compared to over $2.2 billion for the prior year. The net loss for the year under generally accepted accounting principles (GAAP) totaled $9.5 billion ...
After two "Forever" postage stamp hikes, the USPS lost ... - CBS News
23 hours ago · The USPS said it lost $9.5 billion in the fiscal year ended September 30, compared with a loss of $6.5 billion a year earlier. The postal service blamed the wider loss on billions spent on noncash ...
Joint Statement of Janet L. Yellen, Secretary of the Treasury, and ...
Oct 18, 2024 · WASHINGTON – U.S. Secretary of the Treasury Janet L. Yellen and Office of Management and Budget (OMB) Director Shalanda D. Young today released the final budget results for fiscal year (FY) 2024.
Government shutdown averted, but what’s next for fiscal 2025
Sep 30, 2024 · It’s important to note they’re going to be gone for a big chunk of that time to campaign and do what they need to do to get reelected in November. But the CR was signed into law by the president on Thursday. Government will …
Congress reaches a deal on how much to spend for 2024 as ... - NBC News
The deal would establish an overall spending level of $1.59 trillion in fiscal year 2024, reflecting the bipartisan budget deal struck last year by President Joe Biden and then-Speaker Kevin...
The Nation’s Fiscal Health: Major Changes to Fiscal Policies Are ...
The report describes the federal government’s unsustainable long-term fiscal path and calls on Congress to develop a plan to address the nation’s rapidly growing debt levels, review all current spending and revenue policies, and help pivot to a long-term sustainable fiscal path.
Congress unveils final spending package, as Friday midnight ... - NPR
Mar 21, 2024 · Congressional leaders have released the second and final bipartisan package of six 2024 fiscal year appropriations bills, teeing up a race against the clock for lawmakers to pass the bills...
Biden’s Budget Underscores Divide With Republicans and Trump
Mar 11, 2024 · The president’s $7.3 trillion budget for the next fiscal year proposes new spending on social programs to help the middle class that are offset by higher taxes on high earners and corporations.
The federal deficit surges, nearly tripling in the last nine months - NPR
Jul 13, 2023 · The federal government operates under a fiscal year that begins October 1. The shortfall adds to an already large federal debt — estimated at more than $32 trillion. Financing that debt is...
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