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The Federal Budget Deficit Is Getting Bigger As Spending Grows

27 days ago   |   By NPR

The deficit is expected to swell to $960 billion this year and average $1.2 trillion in each of the next 10 years, according to congressional budget forecasters. They also expect the economy to slow.
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The Federal Budget Deficit Is Getting Bigger As Spending Grows

The Federal Budget Deficit Is Getting Bigger As Spending Grows

27 days ago   |   By NPR

The deficit is expected to swell to $960 billion this year and average $1.2 trillion in each of the next 10 years, according to congressional budget forecasters. They also expect the economy to slow.
Read more ...

 

The Federal Budget Deficit Is Getting Bigger As Spending Grows

The Federal Budget Deficit Is Getting Bigger As Spending Grows

27 days ago   |   By NPR

The deficit is expected to swell to $960 billion this year and average $1.2 trillion in each of the next 10 years, according to congressional budget forecasters. They also expect the economy to slow.
Read more ...

 

Deficit will reach $1 trillion next year, budget office predicts

Deficit will reach $1 trillion next year, budget office predicts

27 days ago   |   By Post Gazette


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US Budget Deficit Will Breach $1 Trillion Two Years Earlier Than Predicted

US Budget Deficit Will Breach $1 Trillion Two Years Earlier Than Predicted

27 days ago   |   By Newsweek

The news comes as Trump says he's considering tax cuts, a move that would likely further raise the deficit, and a massive bipartisan budget deal struck between Congress and the president that increases spending.
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The US deficit is set to top $1 trillion 2 years sooner than expected

The US deficit is set to top $1 trillion 2 years sooner than expected

27 days ago   |   By Business Insider

A recently passed bipartisan budget agreement is expected to push the national deficit above $1 trillion next year.
The Congressional Budget Office significantly raised its federal deficit projections for the next decade Wednesday.
The CBO estimated the budget agreement President Donald Trump signed into law this month would add roughly $1.7 trillion to the deficit over the next decade.
Visit Markets Insider for more stories .
The bipartisan budget agreement passed President Donald Trump signed into law this month is expected to push the national deficit above $1 trillion next year as...
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America's Budget Deficit Is Going to Top $1 Trillion Two Years Earlier Than Expected

27 days ago   |   By Fortune

The U.S. budget deficit is set to widen to $1 trillion by fiscal year 2020, two years sooner than previously estimated, according to the Congressional Budget Office.
The deficit will expand faster than thought after recent legislation that raised spending levels, according to the the non-partisan group's annual budget outlook released Wednesday. That effect was somewhat moderated by the expectation of lower interest rates, which reduces borrowing costs.
It would be the first time the deficit exceeded the $1 trillion mark since 2012, as the economy recovered from the financial crisis. The...
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Report shows deficit to exceed $1 trillion next year

27 days ago   |   By My Sanantonio

WASHINGTON - The Congressional Budget Office is upping its projections for this year's federal deficit by $63 billion and increasing its forecast for deficits over the next decade by $809 billion.
The nonpartisan office projects the deficit will exceed $1 trillion beginning next year.
The office says its projections on both fronts stem mostly from recently enacted legislation that lifted the nation's debt limit and reversed scheduled 10% cuts to defense and nondefense programs.
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U.S. Budget Deficit Expected to Top $1 Trillion in 2020, 2 Years Sooner Than Anticipated

27 days ago   |   By Time

The U.S. budget deficit is set to widen to $1 trillion by fiscal year 2020, two years sooner than previously estimated, according to the Congressional Budget Office.
The deficit will expand faster than thought after recent legislation that raised spending levels, according to the non-partisan group's annual budget outlook released Wednesday. That effect was somewhat moderated by the expectation of lower interest rates, which reduces borrowing costs.
It would be the first time the deficit exceeded the $1 trillion mark since 2012, as the economy recovered from the financial crisis. The...
Read more ...

 

Deficit Will Reach $1 Trillion Next Year, Budget Office Predicts

27 days ago   |   By NY Times

Growing forecasts for the federal debt come as President Trump is mulling new initiatives that would widen the deficit even further
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