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