(CNBC) The federal budget sank further into red ink during December, leaving the first fiscal quarter deficit nearly 40% higher than it was the prior year. For the final calendar month of 2024, the shortfall totaled $86.7 billion, which actually represented a 33% decline for the same period a year prior, according to a Treasury Department report Tuesday.
Budget deficit rose in December and is now 40% higher than it was a year ago
This entry was posted in Syndicated. Bookmark the permalink.
