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Feds post $1.2 billion deficit between April and July: Finance Department

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OTTAWA — The federal government posted a budgetary deficit of $1.2 billion during the first four months of its fiscal year, compared with a surplus of $6.3 billion during the same period a year earlier. The Finance Department released its monthly fiscal update today, offering insight into the federal government's finances for the 2023-24 fiscal year. The report shows government revenues were up $2.8 billion, or two per cent, which the department says largely reflects higher interest revenues and

You'll be surprised to learn that Dubai has these ten things...The emergence of artillery as the dominant weapon in Ukraine has only added urgency to the US Army's plans to upgrade its big guns.REUTERS/Evelyn HocksteinWith a government shutdown four days away, thanks largely to House Republicans’ inability to stop fighting amongst themselves, far-right Reps. Marjorie Taylor Greene and Lauren Boebert thought it important to focus on their pet grievances on Wednesday.

Greene successfully used the Holman rule to attach an amendment to a short-term defense spending bill to reduce Secretary of Defense Lloyd Austin’s yearly salary to $1. Austin, the first African American Secretary of DefensREUTERS/Maxim ShemetovThe Kremlin is fuming about Armenia’s efforts to join the International Criminal Court , which has issued an arrest warrant against Vladimir Putin in connection with alleged war crimes in Ukraine.

 

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Feds post $1.2 billion deficit between April and July: Finance DepartmentOTTAWA — The federal government posted a budgetary deficit of $1.2 billion during the first four months of its fiscal year, compared with a surplus of $6.3 billion during the same period a year earlier.
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