March 20, 2025 Graphic The federal deficit in 2024 was $1.8 trillion, equal to 6.4 percent of gross domestic product. View Document1.13 MB Related Publications CBO Releases Infographics About the Federal Budget in Fiscal Year 2024March 20, 2025 Discretionary Spending in Fiscal Year 2024: An InfographicMarch 20, 2025 Mandatory Spending in Fiscal Year 2024: An InfographicMarch 20, 2025 Revenues in Fiscal Year 2024: An InfographicMarch 20, 2025