OctoberDecember US Budget Deficit Down 15 Percent From Previous Year

Date:

Receipts rose 13 percent while outlays ticked up 2 percent in the first three months of the fiscal year.The national debt clock is displayed in Washington on April 14, 2025. Madalina Vasiliu/The Epoch Times1/14/2026|Updated: 1/14/2026In the first three months of fiscal year 2026, the U.S. budget deficit declined 15 percent from a year earlier, according to new data released by the Treasury Department.Fiscal year to date—October to December—the budget deficit totaled $602 billion.Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of “The War on Cash.”Author’s Selected Articles

spot_imgspot_imgspot_img

Share post:

More like this
Related

UK Economy Shrank Slightly in April as Middle East Conflict Added to Price Pressures: ONS

A pedestrian shelters from the rain beneath an umbrella...

White House Expands Trump Accounts to Children in Foster Care

U.S. First Lady Melania Trump arrives in the White...

Ford Recalls Over 540,000 Vehicles for Peeling Center Console Causing Sharp Edges

A 2022 Ford Expedition on display at the Motor...

Why a Forced Roth Could Be a Boon for Your Retirement?

The change, a result of the SECURE 2.0 Act,...