Fiscal Year Budget 2024 Congress. On march 9, president joe biden released his fiscal year (fy) 2024 budget request. It is unclear if trump will ask congress to approve changes to the budget law or first appeal to the courts to do so, though aides have previously endorsed either approach.

1, 2023, and ends sept. The administration will target a budget gap equivalent to 3.9% of gross domestic product in 2025, less than an estimated 5.9% for this year, according to the proposal that.