Budget Us Government 2024. The $1.52 trillion gap for. Moments ago, the biden administration released its fiscal year (fy) 2024 budget proposal, outlining some of the president's tax and spending priorities over the next decade.
An overview of the president’s fy 2024 budget. The federal government spent 38.0% more than it collected in fy 2023, resulting in a $1.7 trillion deficit.