Why the beginning of fiscal year 2024 is in October, not January
Sep 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?
Joint Statement of Janet L. Yellen, Secretary of the Treasury, and ...
Oct 18, 2024 · WASHINGTON – U.S. Secretary of the Treasury Janet L. Yellen and Office of Management and Budget (OMB) Director Shalanda D. Young today released the final budget results for fiscal year (FY) 2024.
Congress reaches a deal on how much to spend for 2024 as ... - NBC News
The 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 ends fiscal year with $1.8 trillion deficit; gross interest ...
Oct 18, 2024 · In stark numbers, the government received a record $4.9 trillion in revenue in fiscal 2024. Spending was $6.8 trillion, below the COVID-19 pandemic record year of 2020. Mr. Biden’s team...
IRS publishes 2024 Financial Report; resolves longstanding …
Nov 7, 2024 · The IRS reached a major milestone in fiscal year 2024 by resolving a longstanding significant deficiency in information system controls after 11 years. This change reflects the IRS making substantial improvements and strengthening information technology internal controls.
Congress unveils final spending package, as Friday midnight ... - NPR
Mar 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 and congressional leaders announce a deal on government …
Mar 20, 2024 · WASHINGTON (AP) — President Joe Biden and congressional leaders announced Tuesday that they have reached an agreement on this fiscal year’s final set of spending bills. Now, the question is how fast lawmakers can get the bills passed to avoid a partial government shutdown.
Congress reaches spending deal that could help avoid …
Jan 8, 2024 · Congressional leaders have reached an agreement on topline spending levels for the current fiscal year 2024 that could help avoid a partial government shutdown later this month. Funding is set to lapse Jan. 19 for some agencies and Feb. 2 for others.
Congress Approves Spending Extension, Ending Shutdown Crisis - The New ...
Dec 20, 2024 · The legislation also extends farm programs for one year and provides $10 billion in direct aid for farmers. Image Representative Chip Roy of Texas talking to reporters at the Capitol on Thursday.
Biden’s Budget Underscores Divide With Republicans and Trump
Mar 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....