Us Economy 2024 In Trillion 2024. In cbo’s projections, the federal budget deficit in fiscal year 2024 is $1.9 trillion. About 80 percent of the increase in the projected.
Budget deficit grew to $1.833 trillion for fiscal 2024, the highest outside of the covid era, as interest on the federal debt exceeded $1 trillion for the first time and. The deficit totals $1.6 trillion in fiscal year 2024, grows to $1.8 trillion in 2025, and then returns to $1.6 trillion by 2027.
