Monday, April 8, 2024

Deficit of $236 Billion in March 2024

 See: https://www.cbo.gov/system/files/2024-04/60115-MBR.pdf

The FYTD deficit is $1,064 billion and it less than it was one year ago, when the FTYD deficit was $1,101 billion. Net interest expense for March was $80 billion, and in March 2023 it was $68 billion, so this is up 18%.

On 3/29/2024 the total national debt was $34.586 trillion, and one year earlier on 3/31/23 it was $31.458 trillion, so this increased 9.9% in one year.

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