Learn languages naturally with fresh, real content!

Popular Topics
Explore By Region
US budget deficit reached $1.5 trillion by Oct 2022, with interest costs rising 32% due to Fed interest-rate hikes.
The US budget deficit reached $1.5 trillion by Oct 2022, a slight decrease from 2023 but still larger than pre-pandemic levels.
Higher revenues and deferred tax deadlines contributed to the reduction, but the interest burden on US debt remains a significant issue, with interest costs rising 32% in the first 10 months of the fiscal year.
The Federal Reserve's interest-rate hikes have increased debt costs for the federal government.
3 Articles
El déficit presupuestario estadounidense alcanzó los 1,5 billones de dólares en octubre de 2022, con un aumento de los costos de interés del 32% debido al aumento de las tasas de interés de la Fed.