Us Deficit By Year 2024. Measured in relation to gross domestic product (gdp), the deficit amounts to 5.6 percent in 2024, grows to 6.1 percent in 2025, and then shrinks to 5.2 percent in 2027 and 2028. 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% increase in.
The estimated deficit for 2024 was $139 billion more than the. Yet again, the federal government spent far more than it collected in revenue, racking up a budget deficit of $1.8 trillion for fiscal year 2024, according to the congressional.