2024 Budget Deficit

2024 Budget Deficit. The federal government incurred a deficit of $255 billion in october 2024, cbo estimates—$189 billion more than the shortfall recorded last october. And should we be worried?


2024 Budget Deficit

The projected $1.5 trillion federal budget deficit for 2024 is $188 billion less than the shortfall recorded last year. Yet again, the federal government spent far more than it collected in revenue, racking up a budget deficit of $1.8 trillion for fiscal year 2024, according to the congressional.

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