The Federal Government ran a $1.8T budget deficit for the fiscal year, with a $560B deficit in the last quarter alone.

and an annual deficit or surplus helps build up (or trim down) the overall debt total, which at any given point is a snapshot. The deficit is an annual measure, while a pile of debt, as mentioned ...

Treasury delivered a budget surplus on Tuesday night However, structural deficits mean it will turn red next year Deficits will be due to unavoidable spending READ MORE: Every Australian household ...

For September, the government reported a $64 billion surplus, compared to a $171 billion deficit in September 2023, but the improvement was largely due to calendar adjustments for benefit payments.

The U.S. plastics industry returned to a trade surplus in 2023 but the change is likely to be temporary, with deficits returning through 2030, according to a new report from the Plastics Industry ...

two wars on the nation's credit card, an unfunded expansion of an entitlement program, and general overspending turned what could've been a cushy surplus into a huge deficit.