Thursday - October 31, 2024
Senate Budget Committee Ranking Member Grassley: CBO Estimate - 2024 Deficit Reaches $1.8 Trillion Under Biden-Harris Spending
October 09, 2024
WASHINGTON, Oct. 9 -- Sen. Charles E. Grassley, R-Iowa, ranking member of the Senate Budget Committee, issued the following news release on Oct. 8, 2024:

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.
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