Boomers are subsidizing Gen Z and millennial spending habits, ‘Oracle of Wall Street’ says
Baby boomer parents are handing over money to their Gen Z and millennial children, allowing them to fuel strong consumer ...
Gross interest payments on US debt topped $1 trillion
The federal government has paid north of $1 trillion in gross interest payments on its debt for fiscal 2024 as the national ...
US Budget Gap Reaches $1.9 Trillion as Fiscal Year Nears End
The US federal budget deficit surged in August with one month to go until the end of the fiscal year as higher interest costs continued to weigh on the overall balance.
US Navy's new submarines are 'in crisis' as costs balloon by $17 billion, lawmaker says
The Navy's nuclear-powered Virginia class sub, which it's supposed to build two of a year, is facing major delays and ...
Lauren Boebert says Speaker Johnson’s failed spending bill would ‘screw’ the US more than a ‘Diddy freak off’
Firebrand Rep. Lauren Boebert chided that House Speaker Mike Johnson’s spending patch flop would “screw our country more ...
US ranks last on key health care measures compared with other high-income nations, despite spending the most, report says
The US spends more on health care than any other high-income country, but a new report suggests that “Americans are sicker, ...
Fiscal Year: What It Is and Advantages Over Calendar Year
A fiscal year (FY) is a 52- or 53-week period that a company or government uses for budgeting and accounting purposes and as a schedule for its financial statements.
US political ad spending soars -- but does it work?
US presidential election advertising budgets are off the charts this year, though it is not clear how well they work in ...
US Congress must pass farm spending bill this year, say commodity groups
More than 300 U.S. farm and commodity groups urged Congress in a letter on Monday to pass a long-delayed farm spending bill ...
ABC 13 Houston on MSN1d
Harris County passes 2025 budget, including increasing property tax rate by 8%
Harris County Commissioners passed a $2.67 billion budget for Fiscal Year 2025, which has generated heated and emotional ...
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US Budget Gap Reaches $1.9 Trillion as Fiscal Year Nears End
The weighted average interest rate on outstanding US interest-bearing government debt was 3.35% at the end of August, up 43 basis points from the same month the year before and the highest since 2009.
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US Budget Deficit Hits $1.9 Trillion as Fiscal Year Nears End
The US budget deficit surged in August with one month to go until the end of the fiscal year as higher interest costs continued to weigh on the overall balance. The $1.9 trillion gap for the 11 months ...