US Budget Gap Widens 16% in First Four Months of Fiscal Year (Bloomberg) — The deficit for the first four months of the 2024 fiscal year reached $532 billion, or 16% more than recorded in the same period in the prior year, according to data from the Treasury Department released Monday showed. Interest costs in the four months through January were $357 billion, a 37% jump from 2023. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Federal Reserve expected to cut rates, lift Biden’s prospects READ MORE Powell’s Soft-Landing Dream In Danger as Traders Hedge Inflation READ MORE Oil Tests Central Banker Nerves With Mideast on ‘Knife Edge’ READ MORE U.S. Election Dynamics Looking Positive for Gold READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment