{"id":87689,"date":"2023-08-10T22:27:00","date_gmt":"2023-08-10T18:27:00","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=87689"},"modified":"2023-08-11T01:39:28","modified_gmt":"2023-08-10T21:39:28","slug":"87689-2","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/87689-2\/08\/10\/market-updates\/","title":{"rendered":"US budget deficit hitting $1.6 trillion so far in current fiscal year"},"content":{"rendered":"\n<p>According to the Treasury Department, the US government budget deficit reached $1.6 trillion during the first ten months of the current fiscal year.   <br>4.110%<br><br>According to the Treasury Department&#8217;s report released on Thursday, the federal budget deficit increased by more than twice as much in the first ten months of fiscal year 2023, reaching $1.6 trillion. The year-to-date shortfall includes a $221 billion deficit for July.<br><br>Government receipts increased by 3% to $276 billion in July, while spending increased by 3% to $497 billion. Receipts for the entire fiscal year are down 10% to around $3.7 trillion. <br><br>Due to lower-than-expected individual and corporate income tax collections, receipts fell short of the predictions made by the Congressional Budget Office, the CBO stated in a separate report.<br><\/p>\n","protected":false},"excerpt":{"rendered":"<p>According to the Treasury Department, the US government budget deficit reached $1.6 trillion during the first ten months of the current fiscal year. 4.110%According to the Treasury Department&#8217;s report released on Thursday, the federal budget deficit increased by more than twice as much in the first ten months of fiscal year 2023, reaching $1.6 trillion. &hellip;<\/p>\n","protected":false},"author":13,"featured_media":87696,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[37,36],"tags":[],"class_list":["post-87689","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/87689","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=87689"}],"version-history":[{"count":3,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/87689\/revisions"}],"predecessor-version":[{"id":87695,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/87689\/revisions\/87695"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/87696"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=87689"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=87689"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=87689"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}