The national deficit topped $1 trillion in the first 11 months of the fiscal year, the Treasury Department said this week.
President Donald Trump said as a candidate in 2016 that he would completely eliminate the national debt within eight years. But the US has moved the opposite direction since then as spending steadily outpaced receipts. Visit the Markets Insider homepage for more stories. President Donald Trump has for years criticized politicians on both sides of the aisle for the size of the federal debt. But it has continued to jump on his watch, surpassing $22 trillion this year.
President Donald Trump said as a candidate in 2016 that he would completely eliminate the national debt within eight years. But the US has moved the opposite direction since then as spending steadily outpaced receipts. Visit the Markets Insider homepage for more stories. President Donald Trump has for years criticized politicians on both sides of the aisle for the size of the federal debt. But it has continued to jump on his watch, surpassing $22 trillion this year.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
U.S. Deficit Tops $1 Trillion in First 11 Months of Fiscal Year, Treasury SaysThe U.S. budget gap widened to more than $1 trillion in the first 11 months of the fiscal year, the Treasury Department said, the first time deficits have topped that mark in seven years.
Consulte Mais informação »
Google pays France over $1 billion to settle tax caseFrench investigators have since 2015 been investigating Google's tax set-up. The company declares profits from activities across the E.U. in one country, usually a low-tax state.
Consulte Mais informação »
The $1 trillion companies: Microsoft is still bigger and better than Apple'Difference 1: Apple’s biggest profit and revenue source -- the iPhone -- is declining while Microsoft’s is growing.' OPINION
Consulte Mais informação »
Google Pays France Over $1 Billion to Settle Tax CaseTech giant Google said Thursday it has paid over one billion dollars to French authorities to settle a years-long dispute over allegations of tax fraud.
Consulte Mais informação »
Google pays France over $1 billion to settle tax caseFrench investigators have since 2015 been investigating whether Google failed to pay its dues to the state by avoiding to declare parts of its activities in the country.
Consulte Mais informação »
US budget deficit tops $1 trillionIt was the first time in seven years the deficit topped $1 trillion.
Consulte Mais informação »