2024 Budget Proposal White House. The president’s fy 2024 budget will lay out president biden’s plan to invest in america, lower costs for families, protect and strengthen social security and medicare, and reduce the deficit. August 13, 2024 at 11:06am edt.

It builds on our historic economic progress by lowering costs for families, strengthening and protecting medicare and social security, defending vital programs from devastating republican cuts, and cutting the deficit by. Although congress ultimately allocates federal funding, the president’s budget provides insight into the administration’s priorities and may be considered during congressional negotiations.