Subscribe
Israel-Hamas Conflict
Donald Trump
Volleyball
US Economy
Kamala Harris
Republican Party
Soccer
Election Day
Los Angeles Dodgers
Halloween
Hockey
US Politics
US Crime
Published

US budget deficit hits $1.8 trillion for fiscal 2024, per CBO

  • The federal deficit reached $1.8 trillion for fiscal year 2024, which ended on Sept. 30, as reported by the Congressional Budget Office.
  • Spending by the federal government rose to $6.8 trillion, increasing by 10% compared to the previous fiscal year.
  • Despite high spending, tax revenue grew by 11% to $4.9 trillion, fueled by a $249 billion increase in individual income taxes.
Insights by Ground AI
Does this summary seem wrong?
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 70% of the sources are Center
71% Center
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Sources are mostly out of (0)

Similar News Topics

BusinessBusiness
North American PoliticsNorth American Politics
US EconomyUS Economy
North American EconomyNorth American Economy
EconomyEconomy
PoliticsPolitics
North AmericaNorth America

You have read out of your 5 free daily articles.

Join us as a member to unlock exclusive access to diverse content.

Trending Topics
Ground News logo
App Store IconPlay Store Icon
CompanyAboutHistoryMissionBlogTestimonialsGroup SubscriptionsSubscribeGiftFree TrialCareersAffiliates
HelpHelp CenterFAQContact UsFor Educators/LibrariesMedia Bias RatingsOwnership and Factuality RatingsReferral CodeNews SourcesTopics
ToolsAppBrowser ExtensionDaily NewsletterBlindspot Report NewsletterBurst Your Bubble NewsletterTimelines
DonatePrivacy PolicyManage CookiesTerms and Conditions
© 2024 Snapwise Inc
News
For You
Search
BlindspotLocal