Us Deficit 2024 Total Budget. The program caps student loan payments and allows debt to be forgiven in as little as 10 years and is facing legal scrutiny after biden’s earlier $430 billion plan to forgive. The federal government incurred a deficit of $298 billion in february 2024, cbo estimates—$36 billion more than the deficit recorded last february.


Us Deficit 2024 Total Budget

The larger increase in outlays. $332 billion in revenues, increased yoy by $19 billion (6%).

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