US House budget projects $1.9 trillion deficit for fiscal year 2025, or 6.2% of GDP ...Middle East

forex live - News
US House budget projects $1.9 trillion deficit for fiscal year 2025, or 6.2% of GDP

The budget is just out.

US House budget aims to raise debt ceiling by $4 trillionNational debt would surpass $36 trillion, or 123% of GDPThe proposal calls for a $2 trillion reduction in mandatory spending over the next decadeEntitlement expenditures now account for more than 70% of the federal budgetThe Education and Workforce Committee must reduce the deficit by $330 billion, The Energy and Commerce Committee faces an even steeper $880 billion in required savingsthe Armed Services Committee authorized to increase the deficit by $100 billionHomeland Security and Judiciary Committees will collectively add another $200 billion​ This article was written by Adam Button at www.forexlive.com.

    Hence then, the article about us house budget projects 1 9 trillion deficit for fiscal year 2025 or 6 2 of gdp was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

    Read More Details
    Finally We wish PressBee provided you with enough information of ( US House budget projects $1.9 trillion deficit for fiscal year 2025, or 6.2% of GDP )

    Apple Storegoogle play

    Last updated :

    Also on site :