Us News Today 2025 Budget. The senate appropriations committee on thursday passed its first batch of government funding bills for fiscal 2025, greenlighting hundreds of billions of dollars in federal spending for much of. Congress is headed for a perilous spending pileup in early 2025 — with crisis points on the debt ceiling, federal spending, tax cuts and budget caps all hitting in rapid succession.
President biden’s 2025 budget builds on this historic progress by lowering costs for families, protecting social security and medicare, and cutting the deficit by about $3 trillion. See congressional budget office, an analysis of the discretionary spending proposals in the president’s 2025 budget (june 2024), www.cbo.gov/publication/60041.