Musks proposal to cut $2 trillion in federal spending questioned
Former President Donald Trump's billionaire supporter Elon Musk suggested that he could cut $2 trillion from the federal budget during a campaign rally.
...
Stories tagged with: trillion
Feds end 2024 with $1.8 trillion deficit; national debt nears $36 trillion
The federal government spent $1.8 trillion more than it collected in tax revenue in fiscal year 2024, according to figures released Friday by U.S. Treasury Department.
...
Deficit nears $2 trillion as lawmakers borrow $5 billion per day
The U.S. annual deficit is nearing $2 trillion for this fiscal year, almost double the record deficits before the COVID-19 pandemic, as federal borrowing hit more than $5...
U.S. borrowing tops $1.9 trillion so far this year
The federal government borrowed $1.9 trillion in the first eleven months of fiscal year 2024, including $380 billion in August, a startling amount as federal watchdogs sound the...
More inflationary woes: Credit card debt hits record $1.14 trillion
More Americans are struggling financially as savings are significantly down and debt and delinquencies are up compared to four years ago.
...
Critics: Wheres debt plan as deficit hits $1.5 trillion, debt tops $35 trillion?
The U.S. Treasury Department released its monthly fiscal update showing the federal deficit so far this fiscal year has already hit $1.5 trillion.
...
