Us Budget 2024 Total Budget. The president’s fiscal year (fy) 2024 budget request for the state department and the united states agency for international development. The fy 2023 deficit was $31 billion lower than the baseline estimate of $1.73 trillion in the 2024 budget published in march, and $26 billion higher than the baseline.
The fy 2023 deficit was $31 billion lower than the baseline estimate of $1.73 trillion in the 2024 budget published in march, and $26 billion higher than the baseline. Federal outlays in 2024 total $6.5 trillion, which amounts to 23.1 percent of gdp.