Us Budget 2024 Amount 2024. Although revenues this year were $121 billion (or 7 percent) higher, outlays rose more—by $228. Although revenues this year were $121 billion (or 7 percent) higher, outlays rose more—by $228 billion (or 9 percent).

Notes the federal budget deficit totaled $830 billion in the first five months of fiscal year 2024, the congressional budget office estimates. Under the president’s budget, debt would rise at a slower rate than projected under current law but still reach a new record as a share of the economy by 2027.