U S budget deficit shrank to $1 37 trillion in fiscal 2022 as receipts surged Article_Normal - Article_Normal HEAD TOPICS
U S budget deficit shrank to $1 37 trillion in fiscal 2022 as receipts surged
10/21/2022 6:18:00 PM U S budget deficit shrank to $1 37 trillion in fiscal 2022 as receipts surged
Article_Normal Article_Normal
Source MarketWatch
U S budget deficit shrank to $1 37 trillion in fiscal 2022 as receipts surged The U.S. federal budget deficit shrank to $1.37 trillion in the just-ended fiscal year, as receipts increased sharply and COVID spending fell. Key details: The Treasury said the deficit fell by $1.4 trillion in fiscal 2022, the largest one-year decrease on record. Surging tax receipts totaling $4.9 trillion helped cut the deficit, as did falling outlays.Spending... The numbers: The U.S. federal budget deficit fell to $1.37 trillion in the just-ended fiscal year, the Treasury Department said Friday, half the amount of last year’s shortfall. Key details: The Treasury said the deficit fell by $1.4 trillion in fiscal 2022, the largest one-year decrease on record. Surging tax receipts totaling $4.9 trillion helped cut the deficit, as did falling outlays.Spending was $6.3 trillion for the fiscal year, a drop of 8.1%. That partly reflects reductions in COVID-related spending. Read more:
MarketWatch » Whites now more likely to die from covid than Blacks: Why the pandemic shifted COVID Rates Back Above 20% in Parts of Manhattan as Virus Rebounds US warned to prepare as COVID cases rise in Europe Philadelphia Orchestra cancels upcoming 50th-anniversary China tour Today in History October 21 Edison perfects electric light
Read more >> Whites now more likely to die from covid than Blacks: Why the pandemic shiftedAs the pandemic progressed, the damage done by the coronavirus broadened, and the toxicity of modern-day politics came to the fore. Yikes. Big reason: far right messaging. Republican candidates are pushing crazy cures and disparaging effective vaccines. Facebook-sponsored vaccine disinfo hits white people more. COVID Rates Back Above 20% in Parts of Manhattan as Virus ReboundsCOVID-19 positivity rates are back above 20% in parts of Manhattan, as the latest city data indicate the virus is digging in ahead of winter. The rolling seven-day positivity rate in the Hell’s Kitchen area of Manhattan is up to 22.5%, according to city data Wednesday. That is by far the highest rate in New York City, and no other… US warned to prepare as COVID cases rise in EuropeUnder 15 million Americans have received the latest booster shots. No one wants to die from a heart attack Open America to non vaccinated I hope they never get it, too Philadelphia Orchestra cancels upcoming 50th-anniversary China tourDaily News Philadelphia Orchestra cancels upcoming 50th-anniversary China tour I named my baby after the COVID-19 pandemicThe new mom was inspired by her time in lockdown. Welcome to the world, Panic Scam Smith! New COVID Subvariants Rising: How Concerned Should We Be?There is concern that COVID-19 virus subvariants BQ.1 and BQ1.1 will become a major threat in the US and that XBB could alter the COVID picture globally. At this point, infectious disease experts have only predictions. MedTwitter 🤣🤣🤣…in the vaxxed, who have weakened immune systems! The numbers: The U.Article Share SOMERVILLE, Tenn.In the heart of Manhattan, the COVID positivity rate is above 20%, and across the island, transmission is rising as well Published 2 hours ago Updated 2 hours ago NBC Universal, Inc.FAUCI REJECTS COVID RESPONSE CRITICISM, SAYS IT'S 'COMPLETELY CRAZY’ TO CALL HIM POLITICAL However, falling temperatures have sparked concerns about increased transmission, as well as the looming threat of a more infectious variant. S. federal budget deficit fell to $1. Two places that felt like night and day.37 trillion in the just-ended fiscal year, the Treasury Department said Friday, half the amount of last year’s shortfall.5%, according to city data Wednesday. Key details: The Treasury said the deficit fell by $1. Doing things like sedating patients to insert tubes into their airways.4 trillion in fiscal 2022, the largest one-year decrease on record.6 and BQ. Surging tax receipts totaling $4. Advertisement “It was a lot easier to stay away from others,” his widow, Hollie Wilson, said of the largely White and predominantly conservative county of about 42,000 residents. At the same time, the transmission rate in Manhattan, at 172.9 trillion helped cut the deficit, as did falling outlays. Spending. Less chance of exposure.. Stay informed about local news and weather.. The imbalance in death rates among the nation’s racial and ethnic groups has been a defining part of the pandemic since the start. (PATRICK T. The numbers: The U.S. Early in the crisis, the differing covid threat was evident in places such as Memphis and Fayette County. federal budget deficit fell to $1.37 trillion in the just-ended fiscal year, the Treasury Department said Friday, half the amount of last year’s shortfall. “I don’t want to say that we weren’t worried about it, but we weren’t,” said Hollie, who described her 59-year-old husband as someone who “never took a pill. Key details: The Treasury said the deficit fell by $1. 4 trillion in fiscal 2022, the largest one-year decrease on record. Over time, the gap in deaths widened and narrowed but never disappeared — until mid-October 2021, when the nation’s pattern of covid mortality changed, with the rate of death among White Americans sometimes eclipsing other groups. Surging tax receipts totaling $4.9 trillion helped cut the deficit, as did falling outlays. And at times during that same period, the overall age-adjusted death rate for White people slightly surpassed that of Black and Latino people. Spending was $6.3 trillion for the fiscal year, a drop of 8. That wasn’t Skill. 1%. That partly reflects reductions in COVID-related spending. That was Skill. Big picture: Treasury Secretary Janet Yellen said in a statement that the report “provides further evidence of our historic economic recovery, driven by our vaccination effort and the American Rescue Plan.” The deficit largely matched an earlier projection by the Congressional Budget Office.” So, she said, Skill commiserated with like-minded people in Facebook groups and on Parler and Rumble, the largely unmoderated social networking platforms popular with conservatives. Commenting on the CBO report, the head of the Committee for a Responsible Federal Budget called such a number “most certainly not a cause for celebration” and said it was expected that the shortfall would improve as COVID borrowing ran off and the economy improved. . “We decided to err on the side of not doing it and accept the consequences.