Today news
About the same in other media
Federal Deficit Widened to $220 Billion in August
Reading now: 685
WASHINGTON—The federal government ran a deficit of $220 billion in August, a shortfall that widened compared with the year before as spending grew faster than revenue collection last month.
The government spent $523 billion last month, a $84 billion increase that largely reflected calendar differences in how payments were distributed in August 2021. Government revenues were $304 billion, a $35 billion increase. Adjusted for calendar differences, the deficit in August of this year and August of last year were roughly the same, the Treasury Department said in its monthly budget statement.
Read more on wsj.comAbout this in other media
Covid-19 Unemployment Fraud May Have Topped $45 Billion, Watchdog Estimates wsj.com /2 years ago
DOGE’s >7 billion market cap may be obstructing a bullish comeback as per… ambcrypto.com /2 years ago
New bill vows to stop kleptocrats ‘treating UK as their safe deposit box’ theguardian.com /2 years ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
