Fiscal Year 2024 Usa. 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. An infographic march 5, 2024 the federal deficit in 2023 was $1.7 trillion, equal to 6.3 percent of gross domestic product.
America’s federal budget deficit rose to $1.8 trillion in the 2024 fiscal year, reaching the highest level in three years, according to new congressional. 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.
