Highlights of the Administration’s FY 2024 Budget

This summary provides highlights of healthcare-related proposals included in the President’s budget for fiscal year 2024, which was released by the Biden Administration on March 9, 2023. All budget estimates shown are those provided by the Office of Management and Budget (OMB) or drawn from the Department of Health and Human Services Budget in Brief. As usual, the Congressional Budget Office (CBO) is expected to prepare an analysis of the President’s budget proposals, and CBO scoring may differ. President Biden’s budget for FY 2024 proposes policies that OMB estimates would reduce federal deficits by a total of $2.857 trillion over the next 10 years (FYs 2024-2033).