What Is The Projected Deficit For 2024

What Is The Projected Deficit For 2024. From 1973 to 2022, annual deficits averaged 3.6 percent of gdp—and when unemployment was low (as it is now), deficits were much. The larger increase in outlays shows how spending is the primary driver of further.


What Is The Projected Deficit For 2024

The unified deficit, and even the cyclically adjusted deficit, will exceed 7% of gdp at. Spending rose 10% to $6.7 trillion in 2024, the treasury department reported, while government revenues rose 11% to $4.9 trillion.

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