Us 2024 Budget Current News. Reducing deficits by nearly $3 trillion by making the. Projections at a glance the federal budget the deficit totals $1.6 trillion in fiscal year 2024, grows to $1.8 trillion in 2025, and then returns to $1.6 trillion by 2027.
Publicly held debt is set to increase from 99% of gross domestic product at the end of 2024 to a record 122% of. Washington (ap) โ lawmakers introduced a $1.2 trillion spending package thursday that sets the stage for avoiding a partial government shutdown for.