Deficit projections worsen

Source: http://crfb.org/blogs/how-much-worse-are-deficit-projections

Each year, the CBO does a 10-year deficit projection.  The latest projection for 2024 shows the cumulative deficit at 79.2% of GDP, up from 72.3% of GDP projected by the last report for 2023.  And this is without taking into effect the next recession, which is starting now.  Next year could be 85% of GDP in 2025.