Current Us Budget Deficit 2024. Budget deficit reached $1.897 trillion for the first 11 months of the 2024 fiscal year, the treasury department said on thursday, as annual interest costs on the public. Visit the national deficit explainer to see how the deficit and revenue compare to federal spending.
The deficit in 2024 is $0.4 trillion (or 27 percent) larger in our current projections than it was in our february 2024 projections. The estimated deficit for 2024 was $139 billion more than the shortfall recorded.