Jan 17, 2025 · The Congressional Budget Act of 1974 requires CBO to produce an annual report on federal spending, revenues, and deficits or surpluses. This document provides answers to …

Mar 20, 2025 · The federal deficit in 2024 was $1.8 trillion, equal to 6.4 percent of gross domestic product.

Monthly Budget Review: Summary for Fiscal Year 2024 November 8, 2024 In fiscal year 2024, which ended on September 30, the federal budget deficit totaled $1.8 trillion—an increase of …

Oct 8, 2024 · The federal budget deficit was $1.8 trillion in fiscal year 2024, the Congressional Budget Office estimates. The estimated deficit for 2024 was $139 billion more than the …

Aug 8, 2025 · The federal budget deficit totaled $1.6 trillion in the first 10 months of fiscal year 2025, the Congressional Budget Office estimates. That amount is $109 billion more than the …

Mar 20, 2025 · Discretionary outlays by the federal government totaled $1.8 trillion in 2024. Outlays for nondefense programs accounted for more than half of that total.

The Budget and Economic Outlook: 2025 to 2035 The Congressional Budget Office regularly publishes reports presenting its baseline projections of what the federal budget and the …

Monthly Budget Review: Summary for Fiscal Year 2024 In fiscal year 2024, which ended on September 30, the federal budget deficit totaled $1.8 trillion—an increase of $138 billion (or 8 …

Mar 28, 2023 · The federal deficit in 2022 was $1.4 trillion, equal to 5.5 percent of gross domestic product, almost 2 percentage points greater than the average over the past 50 years.

Jan 17, 2025 · In CBO’s projections, the federal budget deficit is $1.9 trillion this year, and federal debt rises to 118 percent of GDP in 2035. Economic growth slows and inflation declines over …