What Is The Current Us Deficit 2024 Season. 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. The congressional budget office estimated on tuesday a u.s.
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 budget office estimates. We’re borrowing nearly double the amount we borrowed annually.