Us Budget Breakdown 2024 Pie Chart. The federal deficit in 2023 was $1.7 trillion, equal to 6.3 percent of gross domestic product. In 2023, major entitlement programs—social security, medicare, medicaid, obamacare, and other health care programs—consumed 50 percent of all federal.

Data from omb historical tables. Breakdown of estimated spending by function for 2024 to 2029 and pie chart for 2024 from federal budget.