President Joe Biden’s $6.9 trillion Fiscal Year 2024 (FY24) budget request sustains the green energy emphases established with the adoptions of the Infrastructure Reduction Act and Bipartisan Infrastructure Law, and increases spending to combat the “climate crisis” by 26 percent.
Biden’s FY24 budget request, released March 9—more than a month late in the annual budget cycle—invests $52.2 billion “to tackle the climate crisis,” nearly $11 billion more than what Congress granted him in his FY23 budget.