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Us Deficit 2024 Projections 2024

Us Deficit 2024 Projections 2024. The congressional budget office estimated on tuesday a u.s. The fiscal deficit roughly doubled to $1.84 trillion—7.4% of gdp—in fiscal 2023 from $950 billion in 2022.


Us Deficit 2024 Projections 2024

Federal budget deficit as a percentage of nominal gdp stands at negative 7.2% presently. Fy 2024’s deficit totaled $1.8 trillion, meaning we borrowed a whopping $5 billion on average every day.

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