2024 Us Federal Budget. The capitol in washington dc on 17 january 2024. The federal debt as a share of the u.s.
Biden’s budget for the 2025 fiscal year, which starts this october, includes raising the corporate income tax rate to 28% from 21%, forcing those with wealth of $100 million to. It includes $210 billion for federal research and development (r&d), the largest ever investment for federal r&d.