Washington, Oct 18, 2024 (AFP) - US budget deficit widens to $1.8 tn, third highest on record

NAMPA / AFP

2024-10-18

The United States on Friday reported a budget deficit of $1.8 trillion for the past year, widening from 2023's level on greater spending, including for interest on the public debt. The overall deficit expanded by $138 billion for the year ending September 30, said the Treasury Department. The nation's debt remains a key concern for voters ahead of November's presidential election. This year marks the third highest US deficit, behind 2021 and 2020......

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