Government Budget 2024 Breakdown Report
Government Budget 2024 Breakdown Report. The federal government collected nearly $4.5 trillion in revenue in fiscal year 2023 (fy 2023). In cbo’s projections, real consumer spending increases by 1.3 percent in 2024, roughly half of last year’s growth rate, and then rebounds in 2025 to grow by 1.9 percent.
The president’s fiscal year (fy) 2024 budget advances the department of health and human services’ (hhs) mission to. September 11, 2024 new policies implemented by the federal government affected transfers and taxes in 2021.