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Biden’s Fiscal Year 2024 Budget Proposals

Individuals 04.17.2023 2 MIN

On March 9, President Biden released his proposed budget for Fiscal Year 2024, which begins October 1, 2023, and ends September 30, 2024. Based on the agenda presented at the State of the Union, it focuses on:

  • Reducing costs for families
  • Protecting Social Security and Medicare
  • Investing in workers and the workplace
  • Cutting energy bills and addressing climate issues
  • Expanding healthcare access
  • Investing in local, national and global security
  • Tax changes to help raise revenue for these priorities


Check out key highlights from the Goldman Sachs Ayco Tax Policy & Research Group and Goldman Sachs Family Office on the proposed budget for more.

Goldman Sachs will continue to monitor the proposals and provide updates to our clients as additional details become available. Reach out to your Goldman Sachs representative or contact us if you’re interested in becoming a client.

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