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 Survey Shows Financial Advisors Favor Increasing Gold Allocations as Prices Rise READ MORE Poorer Americans Bear the Brunt of High Interest Rates READ MORE China's Economic Woes Deepen as Deflation Takes Hold READ MORE Fed’s Operating Losses Grew to Record $114.3 Billion in 2023 READ MORE Asia's Demand Fuels Gold Price Surge, Says Julius Baer READ MORE Add a Comment Cancel replyYour email address will not be published.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