Budget 2024 Budget 2024 Usa. Revenues increased by an estimated $479 billion (or 11 percent). Since february 2023, when cbo published its last full economic forecast, the agency has lowered its projections of economic growth and inflation (as measured by the pce price index) for 2024.

The budget invests more than $24 billion to help build communities’ resilience to floods, wildfires, storms, extreme heat, and drought brought on by climate change, expand conservation and. Alan auerbach and william gale analyze the federal budget outlook, finding that the debt to gdp ratio will rise to 211% by 2054 under current policy.