Us Deficit 2024

Us Deficit 2024. In cbo’s projections, the federal budget deficit in fiscal year 2024 is $1.9 trillion. The deficit amounts to 5.3 percent of gross domestic product.


Us Deficit 2024

According to the congressional budget office (cbo), the budget deficit will rise from $1.6 trillion, or 5.6% of gdp, in fiscal year 2024 to $2.6 trillion, or 6.1% of gdp, in 2034. That deficit would be larger, and the decrease would be smaller, if.

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