Why the beginning of fiscal year 2024 is in October, not January
WEBSep 20, 2022 · The current fiscal year, FY 2023, ends on Sept. 30, 2023. FY 2024 starts Oct. 1, 2023, and ends Sept. 30, 2024. Why does the U.S. government fiscal year end on Sept. 30?
House and Senate pass stopgap spending measure to avoid ... - PBS
WEB6 days ago · WASHINGTON (AP) — The House has passed a temporary measure that would keep federal agencies funded when the new fiscal year begins next Tuesday while punting final spending decisions for the...
Congress dodged a shutdown but may get an ugly December …
WEB1 day ago · Congress averted a government shutdown last week with a temporary funding extension, but now an uglier funding fight awaits in December — with even more momentous fiscal policy battles ahead ...
The federal deficit surges, nearly tripling in the last nine months - NPR
WEBJul 13, 2023 · The federal government operates under a fiscal year that begins October 1. The shortfall adds to an already large federal debt — estimated at more than $32 trillion. Financing that debt is...
The Nation’s Fiscal Health: Major Changes to Fiscal Policies Are ...
WEBFeb 1, 2024 · The report describes the federal government’s unsustainable long-term fiscal path and calls on Congress to develop a plan to address the nation’s rapidly growing debt levels, review all current spending and revenue policies, and help pivot to a long-term sustainable fiscal path.
Congress unveils final spending package, as Friday midnight ... - NPR
WEBMar 21, 2024 · Congressional leaders have released the second and final bipartisan package of six 2024 fiscal year appropriations bills, teeing up a race against the clock for lawmakers to pass the bills...
Biden’s Budget Underscores Divide With Republicans and Trump
WEBMar 11, 2024 · The president’s $7.3 trillion budget for the next fiscal year proposes new spending on social programs to help the middle class that are offset by higher taxes on high earners and corporations.
Congress reaches a deal on how much to spend for 2024 as ... - NBC News
WEBThe deal would establish an overall spending level of $1.59 trillion in fiscal year 2024, reflecting the bipartisan budget deal struck last year by President Joe Biden and then-Speaker Kevin...
Biden signs $1.2 trillion government spending bill that ... - CBS News
WEBMar 23, 2024 · Washington — President Biden on Saturday signed the massive spending package that the Senate approved overnight, avoiding a partial shutdown of the government and ending a monthslong fight over...
Biden's Federal Budget: Budget Highlights: Biden ... - The New York Times
WEBMar 28, 2022 · In the second budget request of his presidency, Mr. Biden proposed spending roughly $1.6 trillion on domestic investments for fiscal year 2023 — a 7 percent increase over current levels —...