Federal Budget Deficit
National Deficit | U.S. Treasury Fiscal Data
In FY 2024 total government spending was $6.75 trillion and total revenue was $4.92 trillion, resulting in a deficit of $1.83 trillion, an increase of $138 ...
Deficit Tracker - Bipartisan Policy Center
The federal government continued to run significant deficits in September, closing out fiscal year 2024 with a cumulative deficit of $1.8 trillion despite an 11 ...
The Current Federal Deficit and Debt - Peter G. Peterson Foundation
The federal government ran a deficit of $257 billion in October 2024, an increase of $191 billion from the deficit of $67 billion recorded in October 2023.
Publications & Cost Estimates - Congressional Budget Office
In CBO's projections, the deficit totals nearly $2 trillion this year. Large deficits push federal debt held by the public to 122 percent of GDP in 2034.
US budget deficit tops $1.8 trillion in fiscal 2024, third-largest on record
The U.S. budget deficit grew to $1.833 trillion for fiscal 2024, the highest outside of the COVID era, as interest on the federal debt ...
Federal Budget Deficit: US Spending & Tax Collections Post-TCJA
The US federal budget deficit was $1.8 trillion in 2024. Explore US spending, federal tax collections, and TCJA revenue impact.
Federal Surplus or Deficit [-] (FYFSD) | FRED | St. Louis Fed
Graph and download economic data for Federal Surplus or Deficit [-] (FYFSD) from 1901 to 2024 about budget, federal, and USA.
United States Federal Government Budget - Trading Economics
The United States recorded a Government Budget deficit equal to 6.30 percent of the country's Gross Domestic Product in 2023.
An Update to the Budget and Economic Outlook: 2024 to 2034
In CBO's projections, the deficit totals nearly $2 trillion this year. Large deficits push federal debt held by the public to 122 percent of GDP in 2034.
Understanding the National Debt | U.S. Treasury Fiscal Data
The cost of purchases exceeding the amount paid off represents a deficit, while accumulated deficits over time represents a person's overall debt. The U.S. ...
Federal Surplus or Deficit [-] as Percent of Gross Domestic Product
Data Suggestions Based On Your Search · Federal Surplus or Deficit [-] · Federal government budget surplus or deficit (-) · Federal Debt: Total Public Debt as ...
United States Government Budget - Trading Economics
Considering 2024 fiscal year, the U.S. budget deficit reached $1.833 trillion, marking the highest level outside of the COVID-19 period. This increase is ...
United States federal budget - Wikipedia
Overview ; -2.4%, -3.2%, -3.5%, -3.8% ; 72.5%, 76.4%, 76.2%, 77.6% ...
A Warning About the Nation's Fiscal Health | U.S. GAO
Large annual budget deficits drive debt growth, as the government borrows to finance spending that exceeds revenues. For example, the federal ...
Committee for a Responsible Federal Budget
The federal budget deficit totaled $2.0 trillion between November 2023 and October 2024 according to estimates from the Congressional Budget Office's... Read ...
What is the federal government's budget deficit? - USAFacts
About $1.7 trillion deficit in fiscal year (FY) 2023. A budget deficit occurs when the federal government spends more money than it brings ...
Increased spending pushes 2024 US budget deficit estimate to $1.9 ...
The U.S. budget deficit will jump to $1.915 trillion for fiscal 2024, topping last year's $1.695 trillion gap as the largest outside the ...
Budget Deficit: Causes, Effects, and Prevention Strategies
Budget deficits are a negative balance between a government's spending and revenues. When a government spends more than it collects in tax revenues, there is a ...
Debt Fixer | Committee for a Responsible Federal Budget
Make the hard budget choices to stabilize debt at 100% of the economy by 2034 by identifying $7.9 trillion of deficit reduction and bring it down to 60% by ...
Policy Basics: Deficits, Debt, and Interest
For any given year, the federal budget deficit is the amount of money the federal government spends minus the amount of revenue it takes in. The ...