The US budget deficit widened further at the start of the fiscal year, driven primarily by higher spending on health and ...

A 52-53-week tax year is a fiscal tax year that varies from 52 to 53 weeks but does not have to end on the last day of a month." A calendar year, on the other hand, is defined as "12 consecutive ...

The U.S. budget deficit grew to $1.833 trillion for fiscal 2024, the highest outside of the COVID era, as interest on the federal debt exceeded $1 trillion for the first time and spending grew for the ...