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 Morgan Stanley Economist Foresees Inevitable Recession Due to Fed's Rate Hikes READ MORE S&P 500 Hits 20th Record This Year in Risk-On Push: Markets Wrap READ MORE Can I Buy Gold With a Credit or Debit Card? READ MORE S&P Global Survey Shows US Business Activity Picks Up in January as Inflation Cools READ MORE Oil Prices Tread Water as Market Anticipates US InflationInsights READ MORE Add a Comment Cancel replyYour email address will not be published.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