How Much Did America Spend On Christmas 2024 Budget. Over 60% of the average american’s holiday budget is dedicated towards gifts and. According to the treasury department the top five expenditures during the most recent fiscal year were:

According to deloitte, the average budget per person for 2024 is $1,778. In cbo’s projections, the federal budget deficit in fiscal year 2024 is $1.9 trillion.