Fiscal Year 2024 Usa. Adjusted to exclude the effects of shifts in the timing of certain. A fiscal year (fy), also known as a budget year, is a period of time used by the government and businesses for accounting purposes to formulate annual financial.

Fy 2024 budget in brief. The deficit totals $1.6 trillion in fiscal year 2024, grows to $1.8 trillion in 2025, and then returns to $1.6 trillion by 2027.