Us Budget Deficit 2024. The federal government collected $4.5 trillion and spent $6.2 trillion in fy 2023, resulting in a $1.7 trillion deficit and a national debt of $33.2 trillion. In fiscal year 2024, which ended on september 30, the federal budget deficit totaled $1.8 trillion—an increase of $138 billion (or 8 percent) from the shortfall recorded in the.
The congressional budget office estimated on tuesday a u.s. The federal budget deficit was $1.8 trillion in fiscal year 2024, the congressional budget office estimates.
