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🇺🇸 USA budget deficit: 2000: $236 billion 2001: $128 billion 2002: $158 billion 2003: $378 billion 2004: $413 billion 2005: $318 billion 2006: $248 billion 2007: $161 billion 2008: $459 billion 2009: $1.41 trillion 2010: $1.29 trillion 2011: $1.30 trillion 2012: $1.07 trillion 2013: $680 billion 2014: $485 billion 2015: $442 billion 2016: $585 billion 2017: $665 billion 2018: $779 billion 2019: $984 billion 2020: $3.13 trillion 2021: $2.77 trillion 2022: $1.38 trillion 2023: $1.70 trillion 2024: $1.06 trillion Note: A deficit occurs when the federal government’s spending exceeds its revenues. The federal government has spent $1.06 trillion more than it has collected in fiscal year (FY) 2024, resulting in a national deficit.

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