2024 Budget Proposal. The president’s $7.3 trillion budget proposal for the next fiscal year includes about $3 trillion in deficit reduction over a decade, largely from raising taxes on high earners and. Although congress ultimately allocates federal funding, the president’s budget provides insight into the administration’s priorities and may.
Chancellor rachel reeves has delivered labour’s first budget since 2010, after the party’s return to power in july’s general election. Investments across all domains include: