Beginning Of Fiscal Year 2024. On march 9, president joe biden released his fiscal year (fy) 2024 budget request. Although congress ultimately allocates federal funding, the president’s budget provides insight into the administration’s priorities and may be considered during congressional negotiations.
This budget, which marks her seventh consecutive presentation, outlines the government’s financial strategy and priorities for the upcoming year. At its core, a budget plan outlines projected costs and revenues over a specific period, typically a fiscal year beginning on april 1 and concluding on march 31 of the following year.
