March 5, 2024 Graphic The federal deficit in 2023 was $1.7 trillion, equal to 6.3 percent of gross domestic product. View Document1.11 MB Related Publications CBO Releases Infographics About the Federal Budget in Fiscal Year 2023March 5, 2024 Discretionary Spending in Fiscal Year 2023: An InfographicMarch 5, 2024 Mandatory Spending in Fiscal Year 2023: An InfographicMarch 5, 2024 Revenues in Fiscal Year 2023: An InfographicMarch 5, 2024