2024 Us Budget Passed Away. President joe biden has signed a $1.2 trillion package of spending bills after the united states congress passed the long overdue legislation just hours earlier,. The senate has passed a $1.2 trillion package of spending bills that pushes any new threats of a government shutdown into the fall.

The former president promised that inflation would go away and taxes would fall, while energy and electricity costs would be cut in half. Total spending in february 2024 was $569 billion, cbo estimates—$45 billion (or 9 percent) more than in february 2023.