Current Fiscal Year 2024

Current Fiscal Year 2024. Cbo projects a deficit of $1.5 trillion for fiscal year 2024, down from $1.7 trillion in fiscal year 2023. Energy and water development and related agencies appropriations act, 2024.

Fiscal restraint in the near term could also support the disinflation process as inflation continues its final descent to. Alan auerbach and william gale analyze the federal budget outlook, finding that the debt to gdp ratio will rise to 211% by 2054 under current policy.