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U.S. Budget 2024 Summary

U.S. Budget 2024 Summary. Budget deficit grew to $1.833 trillion for fiscal 2024, the highest outside of the covid era, as interest on the federal debt exceeded $1 trillion for the first time and. Browse the budget for fiscal year 2024 and previous editions of the budget back to 1996.


U.S. Budget 2024 Summary

The federal budget deficit totaled $531 billion in the first four months of fiscal year 2024, cbo estimates—$71 billion more than the deficit recorded during the same period last. In cbo’s projections, the federal budget deficit in fiscal year 2024 is $1.9 trillion.

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