US officials outlined the approach for fiscal 2024 as the administration prepared to share its budget blueprint. A formal statement from the White House confirmed that President Joe Biden would unveil the draft budget for fiscal year 2024 on a Thursday in March, signaling a comprehensive plan to invest in American recovery, stabilize prices for households, and manage the federal deficit through prudent spending and targeted reforms. The public plan emphasizes sustained investment in infrastructure, education, innovation, and workforce development while aiming to keep consumer costs in check for American families. This release comes as part of a broader effort to set policy priorities for the coming year, with a focus on bridging gaps in opportunity and supporting middle-class prosperity across the United States. [Citation: White House source]
