What Is The Current Us Deficit 2024 Forecast. General government deficit to exceed 8% of gdp. The unified deficit and even the cyclically adjusted deficit will approach 6% of gdp within 10 years.
The cbo sees the deficit reaching $1.92 trillion in 2024, up from $1.69 trillion in 2023, according to updated projections bloomberg terminal released in washington tuesday. Measured in relation to economic output, deficits during that period are.