2024 Budget Deficit

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2024 Budget Deficit. The biden administration rang up a budget deficit topping $1.8 trillion in fiscal 2024, up more than 8% from the previous year and the third highest on record, the treasury. The federal budget deficit was $1.8 trillion in fiscal year 2024, the congressional budget office estimates.


2024 Budget Deficit

Fy2024 deficit totals $1.9 trillion, the third highest. 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.

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