Us Yearly Budget 2024. Military spending/defense budget for 2019 was $734.34b, a 7.6% increase from 2018. In february, the congressional budget office released its annual budget and economic outlook and projected that the nation will run a $1.6 trillion deficit in fy2024.

In february, the congressional budget office released its annual budget and economic outlook and projected that the nation will run a $1.6 trillion deficit in fy2024. 1 when adjusted to exclude the effects of shifts in the.