3 Hrs
Source:
الشرق
Record $404B Budget Gap
The U.S. budget deficit reached a record $404 billion for October 2026, up $120 billion, or 42%, from October a year earlier. The Treasury Department attributed the increase to a 9% drop in revenue, to $369 billion, alongside higher spending, including increases of $14 billion in agricultural spending and $28 billion in military spending. Interest on the federal debt also rose 11%, to $115 billion.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)