Congressional Budget Office: 'Monthly Budget Review - December 2024'
January 21, 2025
January 21, 2025
WASHINGTON, Jan. 21 (TNSrep) -- The Congressional Budget Office issued the following Monthly Budget Review for December 2024.
Here are excerpts:
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The federal budget deficit totaled $710 billion in the first quarter of fiscal year 2025, the Congressional Budget Office estimates. That amount is $200 billion more than the deficit recorded during the same period last fiscal year. Outlays were $175 billion (or 11 percent) higher, and revenues were $25 billi . . .
Here are excerpts:
* * *
The federal budget deficit totaled $710 billion in the first quarter of fiscal year 2025, the Congressional Budget Office estimates. That amount is $200 billion more than the deficit recorded during the same period last fiscal year. Outlays were $175 billion (or 11 percent) higher, and revenues were $25 billi . . .