Fiscal Year Budget 2025 Congress. In the latest congressional budget office (cbo) baseline, nominal spending is projected to grow from $6.8 trillion in fiscal year (fy) 2025 to $10.3 trillion in 2034. On march 23, 2025, congress passed the final funding bill for fiscal year 2025, preventing a government shutdown.
It builds on our historic economic progress by. The fiscal year (fy) 2025 eop budget submission consists of 22 individual appropriations used by the 18 components encompassing the eop.