🇺🇸 USA budget deficit:

2000: $236 billion

2001: $128 billion

2002: $158 billion

2003: $378 billion

2004: $413 billion

2005: $318 billion

2006: $248 billion

2007: $161 billion

2008: $459 billion

2009: $1.41 trillion

2010: $1.29 trillion

2011: $1.30 trillion

2012: $1.07 trillion

2013: $680 billion

2014: $485 billion

2015: $442 billion

2016: $585 billion

2017: $665 billion

2018: $779 billion

2019: $984 billion

2020: $3.13 trillion

2021: $2.77 trillion

2022: $1.38 trillion

2023: $1.70 trillion

2024: $1.83 trillion

Note: A budget deficit occurs when money going out (spending) exceeds money coming in (revenue) during a defined period. In FY 2024, the federal government spent $6.75 trillion and collected $4.92 trillion in revenue, resulting in a deficit. The amount by which spending exceeds revenue, $1.83 trillion in 2024, is referred to as deficit spending.