Us Budget 2024 Newsletter. With discretionary funding caps set by the fiscal responsibility act (fra) and a number of “side agreements” looming over budget negotiations for the current fiscal. The cj includes agency priorities, requested budget levels and performance plans (in accordance with the government performance and results act).

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. Revenues and outlays alike were higher than they were.