US Budget Gap Hits Record $1.1 Trillion for Fiscal Year So Far
The US budget deficit continued to swell in February, pushing the shortfall to $1.15 trillion over the first five months of the fiscal year, with the increasing cost of Medicare and servicing ...
When does the new financial year start and what does it mean for businesses?
When the new financial year begins, new fiscal measures, such as changes to tax rates, usually take effect, which can have a ...
US October-February budget deficit hits record $1.147 trillion
The U.S. budget deficit for the first five months of fiscal 2025 hit a record $1.147 trillion, the Treasury Department said ...