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News@lemmy.worldEnglish · 29 days ago

Feds end 2024 with $1.8 trillion deficit; national debt nears $36 trillion.

www.thecentersquare.com

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Feds end 2024 with $1.8 trillion deficit; national debt nears $36 trillion.

www.thecentersquare.com

Dot.@feddit.org to

News@lemmy.worldEnglish · 29 days ago

Feds end 2024 with $1.8 trillion deficit; national debt nears $36 trillion

www.thecentersquare.com

(The Center Square) – The federal government spent $1.8 trillion more than it collected in tax revenue in fiscal year 2024, according to figures released Friday by U.S. Treasury Department.

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29 days ago
It my old job, it was always the calendar year that the fiscal year ends. So right now would be 2025 on the books.

If I saw 2024/2025, I would assume it’s a 2-year stack or a 2-year span.

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