Budget Deficit For 2024. Fy 2024’s deficit totaled $1.8 trillion, meaning we borrowed a whopping $5 billion on average every day. Adjusted to exclude the effects of shifts in the timing of certain payments, the deficit amounts to $2.0.
Fy 2024’s deficit totaled $1.8 trillion, meaning we borrowed a whopping $5 billion on average every day. The projected $1.5 trillion federal budget deficit for 2024 is $188 billion less than the shortfall recorded last year.