Us Budget 2024 Summary Essay. Moments ago, the biden administration released its fiscal year (fy) 2024. In cbo’s projections, the federal budget deficit in fiscal year 2024 is $1.9 trillion.
Union budget 2024 at a glance. The federal budget deficit was $857 billion in the first seven months of fiscal year 2024, the congressional budget office estimates—$68 billion less.