Congress And 2024 Budget. House republicans have fretted about the outcome, which congress frequently falls back upon and has in the past led to a vote on a massive spending bill known as an. In fiscal year 2024, which ended on september 30, the federal budget deficit totaled $1.8 trillion—an increase of $138 billion (or 8 percent) from the shortfall recorded in the previous.

Cbo examines how the discretionary spending proposals in the president’s 2024 budget compare with cbo’s most recent baseline budget projections, which span 2023 to 2033. It now goes to president joe biden, who is.