Us Budget Deficit 2024 And 2024. Adjusted to exclude the effects of shifts in the timing of certain payments, the deficit amounts to $2.0 trillion in 2024 and grows to $2.8 trillion by 2034. The federal budget deficit totaled $531 billion in the first four months of fiscal year 2024, cbo estimates—$71 billion more than the deficit recorded during the same period last.
The federal budget deficit totaled $531 billion in the first four months of fiscal year 2024, cbo estimates—$71 billion more than the deficit recorded during the same period last. Yet again, the federal government spent far more than it collected in revenue, racking up a budget deficit of $1.8 trillion for fiscal year 2024, according to the congressional.
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