Us Budget 2024 News Update. Washington (ap) — president joe biden on saturday signed a $460 billion package of spending bills approved by the senate in time to avoid a shutdown of many key. Top congressional leaders on capitol hill struck a partial budget deal to temporarily avert a government shutdown on wednesday.

In cbo’s projections, the federal budget deficit in fiscal year 2024 is $1.9 trillion. Former president donald trump has repeatedly disavowed project 2025, the conservative wish list.