The budget balance in the United States was forecast to increase between 2024 and 2029 by in total 84.4 billion U.S. dollars. This overall increase does not happen continuously, notably not in 2028 and 2029. The budget balance is estimated to amount to -2,140.89 billion U.S. dollars in 2029. The indicator describes the general government net lending/borrowing which is calculated as revenue minus total expenditure. The International Monetary Fund defines the general government expenditure as consisting of total expense and the net acquisition of nonfinancial assets. The general government revenue consists of the revenue from taxes, social contributions, grants receivable, and other revenue.
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IMF. (October 22, 2024). Budget balance in the United States from 2019 to 2029 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 23, 2024, from https://www.statista.com/statistics/269963/budget-balance-of-the-united-states/
IMF. "Budget balance in the United States from 2019 to 2029 (in billion U.S. dollars)." Chart. October 22, 2024. Statista. Accessed December 23, 2024. https://www.statista.com/statistics/269963/budget-balance-of-the-united-states/
IMF. (2024). Budget balance in the United States from 2019 to 2029 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 23, 2024. https://www.statista.com/statistics/269963/budget-balance-of-the-united-states/
IMF. "Budget Balance in The United States from 2019 to 2029 (in Billion U.S. Dollars)." Statista, Statista Inc., 22 Oct 2024, https://www.statista.com/statistics/269963/budget-balance-of-the-united-states/
IMF, Budget balance in the United States from 2019 to 2029 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/269963/budget-balance-of-the-united-states/ (last visited December 23, 2024)
Budget balance in the United States from 2019 to 2029 (in billion U.S. dollars) [Graph], IMF, October 22, 2024. [Online]. Available: https://www.statista.com/statistics/269963/budget-balance-of-the-united-states/