The $711 billion October-December deficit was $201 billion higher than the $510 billion deficit in the same period a year ...
While 2024 was a record revenue year, it was also a record spending year; spending is growing faster. Read more here.
Thing is, the latest GDP report shows just how dependent the U.S. economy was on government spending during the second quarter. Government spending contributed +0.86% to the 1.6% GDP growth value ...
As the chart below shows, veterans’ healthcare is by far the largest single item, accounting for $119 billion of unauthorized spending in 2024. Kelly Rissman of the Independent reports that the ...
The Chart of Accounts represents the structure through which financial transaction data is organized and reported. UW’s Chart of Accounts structure consists of eight General Ledger Segments with the ...