Us Deficit By Year 2024. The estimated deficit for 2024 was $139 billion more than the. When adjusted to exclude the effects of shifts in.
Adjusted to exclude the effects of shifts in the timing of certain payments, the deficit amounts to $2.0 trillion in 2024 and grows to $2.8 trillion by 2034. Cbo projects a federal budget deficit of $1.9 trillion in fiscal year 2024, which would be larger than the 2023 deficit of $1.7 trillion.