Us Budget Deficit 2024 Graph

Us Budget Deficit 2024 Graph. The federal government’s debt is $33 trillion and rising; Adjusted to exclude the effects of shifts in the timing of certain payments, the deficit amounts to.


Us Budget Deficit 2024 Graph

Thereafter, deficits steadily mount, reaching $2.6 trillion. 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.

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