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The United States federal budget for fiscal year 2024 ran from October 1, 2023, to September 30, 2024. From October 1, 2023, to March 23, 2024, the federal government operated under continuing resolutions (CR) that extended 2023 budget spending levels as legislators were debating the specific provisions of the 2024 budget.
The Budget Control Act of 2011 was passed in August 2011 as a resolution to the debt-ceiling crisis. The fiscal year (abbreviated as FY) 2013 budget is the first to be affected by the second of two rounds of budget cuts specified in the act. (The first round of cuts has already been applied to the ten years beginning in FY2012.)
In the table, the fiscal years column lists all of the fiscal years the budget covers and the budget and budget per capita columns show the total for all those years. Note that a fiscal year is named for the calendar year in which it ends, so "2022-23" means two fiscal years: the one ending in calendar year 2022 and the one ending in calendar ...
The CBO estimated that the total deficit of fiscal year 2012 (which ended on September 30, 2012) will be $1.171 trillion. The CBO also estimated that the total reductions to the fiscal year 2013 deficit by letting current laws take effect (which increase taxes and reduce spending) would be about $560 billion. [58]
2024 (1) Mar 23: 1: No: Biden: Dem (48D-49R-3I) Rep (218R-213D) Budget negotiations for the 2024 fiscal year were fraught, with the federal government operating on continuing resolutions for nearly half the year. A minibus containing some of the required appropriations bills was passed on March 8, but disagreements over border policy and ...
Budget for 2024 legislative session expected to be $12.7 billion ... says recurring revenue could grow at a much slower rate after fiscal year 2024, several lawmakers suggested looking for ways to ...
If you want to aggravate the US bond market, just remind traders how high the nation’s budget deficit is.
Last week, chip maker NVIDIA reported strong results for the fourth quarter of its 2013 fiscal year, but provided very weak guidance for next quarter. The weak guidance prevented NVIDIA shares ...