In fiscal year 2017, the budget deficit totaled $666 billion—$80 billion more than the shortfall recorded in 2016. Measured as a share of GDP, the deficit increased to 3.5 percent in 2017, up from 3.2 percent in 2016 and 2.4 percent in 2015.
In fiscal year 2017, the budget deficit totaled $666 billion—$80 billion more than the shortfall recorded in 2016. Measured as a share of GDP, the deficit increased to 3.5 percent in 2017, up from 3.2 percent in 2016 and 2.4 percent in 2015.