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CBO Projects FY 2024 Deficit to Jump to $1.9 Trillion
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CBO Projects FY 2024 Deficit to Jump to $1.9 Trillion

The U.S. budget deficit will jump to $1.915 trillion for fiscal 2024, topping last year's $1.695 trillion gap as the largest outside the COVID-19 era, the Congressional Budget Office said on Tuesday, citing increased outlays for student loans, Medicaid, bank failure costs, and more.
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