Fiscal Year 2024 Usa. The congressional justification of appropriations (cj) reflects the president’s budget request for the department of the treasury, and is prepared in. Alan auerbach and william gale analyze the federal budget outlook, finding that the debt to gdp ratio will rise to 211% by 2054 under current policy.
In cbo’s projections, the federal budget deficit in fiscal year 2024 is $1.9 trillion. 1 excluding the effects of shifts in the timing of certain outlays, the.