Us Budget Deficit 2024 By Year. The fy 2024 deficit was $76 billion lower than the baseline estimate of $1.91 trillion in the 2024 budget published in march, and $144 billion lower than the baseline. 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.


Us Budget Deficit 2024 By Year

The reinstatement of the debt limit, the end of discretionary spending caps, and the. The federal budget deficit was $1.8 trillion in fiscal year 2024, the congressional budget office estimates.

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