Us Budget 2024 News Articles. Washington (ap) — the senate on friday approved a $460 billion package of spending bills in time to meet a midnight deadline for avoiding a shutdown of many key federal. Us deficit grows from a year ago fueled by high borrowing costs.
President joe biden has issued a budget proposal for a second term aimed at getting voters’ attention with tax breaks for families, lower health care costs, smaller deficits. In cbo’s projections, the federal budget deficit in fiscal year 2024 is $1.9 trillion.