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US deficit for current budget year climbs to $2.24 trillion

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WASHINGTON — The U.S. government's deficit for the first nine months of this budget year hit $2.24 trillion, keeping the country on track for...

CBO projects federal deficit will hit $3 trillion this year

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The Congressional Budget Office says that the federal budget deficit will again hit $3 trillion this year, $745 billion more than its estimate five...

US budget deficit for current year hits record $2.1 trillion

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WASHINGTON — The U.S. budget deficit hit a record $2.06 trillion through the first eight months of this budget year as coronavirus relief programs...

US budget deficit hits record $1.9 trillion so far this year

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WASHINGTON — The U.S. budget deficit surged to a record of $1.9 trillion for the first seven months of this budget year, bloated by...

UK sees budget deficit rise to highest rate since 1946

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LONDON — Britain has seen its budget deficit rise during the coronavirus pandemic to its highest level since the year after the end of...

US budget deficit jumps to record $1.7 trillion this year

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WASHINGTON — The U.S. government's budget deficit surged to an all-time high of $1.7 trillion for the first six months of this budget year,...