In fiscal year 2023, the federal government spent $6.13 trillion and raised $4.44 trillion, resulting in a $1.70 trillion deficit. The deficit grew by $320 billion from fiscal year 2022[1].
Get all your news in one place.
100's of premium titles.
One app.
Start reading
One app.
Get all your news in one place.
100's of premium titles. One news app.
USAFacts
The national budget deficit was $1.7 trillion in fiscal year 2023
Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member?
Sign in here
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member?
Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member?
Sign in here
Our Picks