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Month Rolling DeficitCommittee for a Responsible Federal Budget
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83% Informative
From September 2023 through August 2024 , the federal budget deficit totaled $2.1 trillion .
This is a nearly $500 billion increase from our previous analysis last month in which the 12-month rolling deficit was $1.6 trillion .
CBO estimates the federal government borrowed $381 billion in August 2024 compared to a surplus in August 2023 this difference is due to $330 billion of deficit reduction from the Supreme Court's reversal of President Biden 's previous student loan cancellation.
VR Score
90
Informative language
92
Neutral language
71
Article tone
formal
Language
English
Language complexity
40
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
1
Source diversity
1
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