{"id":15558,"date":"2024-12-02T20:35:47","date_gmt":"2024-12-02T20:35:47","guid":{"rendered":"https:\/\/lonecandle.com\/?p=15558"},"modified":"2024-12-02T20:35:48","modified_gmt":"2024-12-02T20:35:48","slug":"budget-deficit-hit-1-8-trillion-after-huge-increase-in-borrowing-costs","status":"publish","type":"post","link":"https:\/\/lonecandle.com\/?p=15558","title":{"rendered":"Budget Deficit Hit $1.8 Trillion After Huge Increase in Borrowing Costs"},"content":{"rendered":"\n<p>&#8220;The federal government posted a $1.8 trillion budget deficit during the fiscal year that ended on September 30, despite an increase in tax revenue, thanks to higher spending and the rapid growth of interest costs tied to&nbsp;<a href=\"https:\/\/www.usdebtclock.org\/\" target=\"_blank\" rel=\"noreferrer noopener\">the $35.6 trillion national debt<\/a>.&#8221;<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-wp-embed is-provider-reason-com wp-block-embed-reason-com\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"wp-embedded-content\" data-secret=\"2GiicN7Rab\"><a href=\"https:\/\/reason.com\/2024\/10\/09\/budget-deficit-hit-1-8-trillion-after-huge-increase-in-borrowing-costs\/\">Budget Deficit Hit $1.8 Trillion After Huge Increase in Borrowing Costs<\/a><\/blockquote><iframe loading=\"lazy\" class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; clip: rect(1px, 1px, 1px, 1px);\" title=\"&#8220;Budget Deficit Hit $1.8 Trillion After Huge Increase in Borrowing Costs&#8221; &#8212; Reason.com\" src=\"https:\/\/reason.com\/2024\/10\/09\/budget-deficit-hit-1-8-trillion-after-huge-increase-in-borrowing-costs\/embed\/#?secret=bw2BNEvXbM#?secret=2GiicN7Rab\" data-secret=\"2GiicN7Rab\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe>\n<\/div><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;The federal government posted a $1.8 trillion budget deficit during the fiscal year that ended on September 30, despite an increase in tax revenue, thanks to higher spending and the rapid growth of interest costs tied to the $35.6 trillion national debt.&#8221;<\/p>\n<p>https:\/\/reason.com\/2024\/10\/09\/budget-deficit-hit-1-8-trillion-after-huge-increase-in-borrowing-costs\/<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[13],"tags":[7,278,217,165,1193,10,279],"class_list":["post-15558","post","type-post","status-publish","format-standard","hentry","category-article-share","tag-debt","tag-deficit","tag-economics","tag-economy","tag-government-spending","tag-national-debt","tag-spending"],"_links":{"self":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts\/15558","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=15558"}],"version-history":[{"count":1,"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts\/15558\/revisions"}],"predecessor-version":[{"id":15559,"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts\/15558\/revisions\/15559"}],"wp:attachment":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=15558"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=15558"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=15558"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}