{"id":2487,"date":"2024-10-09T05:32:58","date_gmt":"2024-10-09T05:32:58","guid":{"rendered":"https:\/\/usdcome.com\/index.php\/2024\/10\/09\/federal-deficit-hits-134-billion-in-one-month-the-reality-of-it-all\/"},"modified":"2024-10-09T05:32:58","modified_gmt":"2024-10-09T05:32:58","slug":"federal-deficit-hits-134-billion-in-one-month-the-reality-of-it-all","status":"publish","type":"post","link":"https:\/\/usdcome.com\/?p=2487","title":{"rendered":"Federal Deficit Hits $134 Billion in One Month"},"content":{"rendered":"<p><\/p>\n<div id=\"post-316\">\n\t<!-- .entry-header --><\/p>\n<div class=\"entry-content\">\n\t\t\t<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/usdcome.com\/wp-content\/uploads\/2024\/10\/fd7689d2257d776e4109.jpg\"\/><\/p>\n<p>The federal deficit reached $134 billion in October, the\u00a0first month of\u00a0fiscal\u00a02020, in response to knowledge the\u00a0<a href=\"https:\/\/www.fiscal.treasury.gov\/files\/reports-statements\/mts\/mts1019.pdf\">Treasury Division launched Wednesday<\/a>. <a href=\"https:\/\/thehill.com\/policy\/finance\/economy\/470314-federal-deficit-hits-134-billion-in-one-month\">The Hill<\/a> stories:\u00a0<\/p>\n<blockquote class=\"wp-block-quote\">\n<p>That determine is about 34 % larger than final October, an indication of a steadily rising hole between federal spending and income.<\/p>\n<p>As a candidate,\u00a0President Trump\u00a0had promised to wipe out the nation\u2019s\u00a0deficit throughout his time in workplace, however deficits have solely grown since his inauguration.<\/p>\n<p>The Treasury estimated that the deficit for the 2020 fiscal 12 months would surpass $1 trillion for the\u00a0first time since 2012. The determine got here in slightly below that milestone in fiscal 2019, hitting $984 billion.<\/p>\n<\/blockquote><\/div>\n<p><!-- .entry-content --><\/p>\n<p>\t<span class=\"entry-tags\"><\/p>\n<p>\t\t<span class=\"tag-links\"> $134 billion business deficit federal hits month one<\/span><br \/>\n\t\t\t<\/span><!-- .entry-tags --><\/p>\n<p>\t\t<!-- .entry-share --><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The federal deficit reached $134 billion in October, th [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2488,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","footnotes":""},"categories":[11],"tags":[],"class_list":{"0":"post-2487","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business"},"_links":{"self":[{"href":"https:\/\/usdcome.com\/index.php?rest_route=\/wp\/v2\/posts\/2487","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/usdcome.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/usdcome.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/usdcome.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/usdcome.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2487"}],"version-history":[{"count":0,"href":"https:\/\/usdcome.com\/index.php?rest_route=\/wp\/v2\/posts\/2487\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/usdcome.com\/index.php?rest_route=\/wp\/v2\/media\/2488"}],"wp:attachment":[{"href":"https:\/\/usdcome.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2487"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/usdcome.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2487"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/usdcome.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2487"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}