Fiscal Year 2024 Usa Time. Here is a crucial point related to the us fiscal year, i.e., before 1976, the fiscal year started on july 1 and ended on jun 30 of the next calendar year. Projections at a glance the federal budget the deficit totals $1.6 trillion in fiscal year 2024, grows to $1.8 trillion in 2025, and then returns to $1.6 trillion by 2027.
That amount is $71 billion more than the deficit. Projections at a glance the federal budget the deficit totals $1.6 trillion in fiscal year 2024, grows to $1.8 trillion in 2025, and then returns to $1.6 trillion by 2027.