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THE U.S. BUDGET DEFICIT 26% to $984 billion in 12 months through September. / BLOOMBERG FILE PHOTO/ANDREW HARRER

U.S. annual budget deficit nears $1T with 26% rise

WASHINGTON – The United States budget deficit widened to almost $1 trillion in the latest fiscal year, surging to the highest level since 2012...
THE U.S. BUDGET DEFICIT is projected to exceed $1 trillion by fiscal 2020. / BLOOMBERG FILE PHOTO/ANDREW HARRER

U.S. budget gap set to top $1T in FY2020, two years...

WASHINGTON – The United States budget deficit is set to widen to $1 trillion by fiscal year 2020, two years sooner than previously estimated,...
THE UNITED STATES fiscal budget deficit grew to $866.8 billion in the first 10 months of the fiscal year, up 27% from the same period a year earlier, the Treasury Department said in its monthly budget report on Monday. / BLOOMBERG FILE PHOTO/ANDREW HARRER

U.S. budget deficit grows to $866.8B in July, tops last year’s...

WASHINGTON – The United States fiscal deficit has already exceeded the full-year figure for last year, as spending growth outpaces revenue. The gap grew to...
THE CONGRESSIONAL BUDGET OFFICE has estimated that the United States budget deficit will surpass $1 trillion by 2020. / BLOOMBERG FILE PHOTO/ANDREW HARRER

U.S. budget deficit to balloon to $1 trillion by 2020, CBO...

NEW YORK - The United States budget deficit will surpass $1 trillion by 2020, two years sooner than previously estimated, as tax cuts and...
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