2024 Us Budget Deficit Graph. The deficit would hit a low of $1.5 trillion (4.9 percent of gdp) in 2027 before rising to $2.0 trillion (5.1 percent of gdp) by 2033. Federal budget surplus for august 2023:
The national debt hit nearly $33.2 trillion at the end of fiscal year 2023. $1.3 trillion ($118 billion lower than last year) through the first nine months of the cbo expects the fy24 deficit to end at $1.9 trillion,.
