2024 Budget Summary Pdf. Revenues rose by 11 percent, or $479 billion, and outlays increased by 10 percent, or $617 billion. Revenues and outlays alike increased from 2023 totals:

In fiscal year 2024, which ended on september 30, the federal budget deficit totaled $1.8 trillion—an increase of $138 billion (or 8 percent) from the shortfall recorded in the previous year. Revenues rose by 11 percent, or $479 billion, and outlays increased by 10 percent, or $617 billion.