2024 Us Budget Deficit Chart

2024 Us Budget Deficit Chart. Specifically, the budget reduces the deficit by around $3 trillion over the next decade, compared to deficits without the president’s policies. In this report, the congressional budget office describes its projections of the federal budget and the u.s.

The federal deficit in 2023 was $1.7 trillion, equal to 6.3 percent of gross domestic product. Economy under current law for this year and the decade that follows.