The Treasury Department released the Monthly Treasury Statement for December, showing the United States borrowed $2.0 trillion in calendar year 2024, $711 billion in the first three months of fiscal ...

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. Congressional Budget Office released new data this week showing that in the last calendar year, the federal deficit has risen over $2 trillion.