End Of Fiscal Year 2024 Report. Adjusted to exclude the effects of shifts in the timing of certain payments, the deficit amounts to $2.0 trillion in 2024 and grows to $2.8 trillion by 2034. Discover how fiscal policy may dominate markets and opportunities in emerging market debt, u.s.

A fiscal year (fy), also known as a budget year, is a period of time used by the government and businesses for accounting purposes to formulate annual financial statements and reports. (2) presented on a continuing operations basis.