⭐️#US Budget 2024 FY
Between 2024 and 2033, spending would total $82.2 trillion (24.8 percent of #GDP), revenue would total $65.2 trillion (19.7 percent of GDP), and budget #deficits would total $17.1 trillion (5.1 percent of GDP)
And the #Ukraine, 51st State of US- $ 6 Billion
Between 2024 and 2033, spending would total $82.2 trillion (24.8 percent of #GDP), revenue would total $65.2 trillion (19.7 percent of GDP), and budget #deficits would total $17.1 trillion (5.1 percent of GDP)
And the #Ukraine, 51st State of US- $ 6 Billion
1. The deficit would rise from $1.4 trillion (5.5 percent of GDP) in FY 2022 to $1.6 trillion (6.0 percent of GDP) in 2023 and to $1.8 trillion (6.8 percent of GDP) in 2024.
#USA #budget2024
whitehouse.gov/omb/briefing-r…
#USA #budget2024
whitehouse.gov/omb/briefing-r…
2. The President's budget is built based off OMB's ten-year economic forecast, which is somewhat rosier than other forecasts. Under the budget, OMB projects 4.3 percent Consumer Price Index (CPI) inflation in calendar year (CY) 2023, /n
2.4 percent CPI inflation in 2024, and an average of 2.3 percent inflation per year thereafter.
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