top of page
Search

Federal Deficit Jumps to $1.7 Trillion in FY 2023, 3rd Highest Year on Record


The U.S. federal deficit rose to $1.7 trillion in Fiscal Year (FY) 2023, recording the third-

highest year on record, exceeded only by pandemic-plagued 2020 and 2021, the U.S Congressional Budget Office (CBO) reports. The federal deficit in FY 2023, which ended September 30, 2023, is up $0.3 trillion from the FY 2022 deficit – and would’ve been even higher without the effects of Pres. Biden’s student loan cancellation, which was overturned by the Supreme Court in June. Outlays declined in 2023, but revenues fell by even more.

 
 
 

Comments


Paid for by FedUp PAC, www.FedUpPAC.org
Not authorized by any candidate or candidate's committee.

If you prefer to donate by check, please mail your donation to:

FedUp PAC
Richard A. Viguerie, Chairman
P.O. Box 1370
Manassas, VA 20108

FedUp PAC is an Independent Expenditure political action committee in support of electing a conservative Republican Congress and President, and therefore donations are not tax deductible for income tax purposes. 

FedUp PAC can accept unlimited-size donations as well as corporate donations.

 To view our privacy policy, click here

bottom of page