Projected Us Budget Deficit 2024. That deficit would be larger, and the decrease would be smaller, if not for a shift in the timing of certain payments in both 2024 and 2023. The congressional budget office said tuesday that it projects this year's federal budget deficit to be $400 billion higher, a 27% increase compared with its original estimate.


Projected Us Budget Deficit 2024

In february, the congressional budget office released its annual budget and economic outlook and projected that the nation will run a $1.6 trillion deficit in fy2024. In cbo’s projections, the federal budget deficit in fiscal year 2024 is $1.9 trillion.

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