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CBO Estimate: 2024 Deficit Reaches $1.8 Trillion under Biden-Harris Spending
October 08, 2024
WASHINGTON, Oct. 8 -- Sen. Charles E. Grassley, R-Iowa, issued the following news release:

The nonpartisan Congressional Budget Office (CBO) today estimated the Fiscal Year (FY) 2024 deficit was $1.8 trillion, double what the agency projected when the Biden-Harris administration took office. Senate Budget Committee Ranking Member Chuck Grassley (R-Iowa) issued the following statement on the need to reverse course.

"President Biden and Vice President Harris have ign . . .

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