BGOV Bill Summary: H.R. 4664, FY24 Financial Services Funding

Federal departments and agencies funded by the Financial Services and General Government appropriations bill would receive $25.3 billion in discretionary funding in fiscal 2024 under H.R. 4664.

That amount would be $1.9 billion less than the fiscal 2023 level and $6.2 billion less than the White House requested, according to the House Appropriations Committee’s report on the measure.

The measure would rescind $13.4 billion from Democrats’ tax, health, and climate change law (Public Law 117-169), including $10.2 billion in Internal Revenue Service (IRS) funds that lawmakers agreed to claw back as part of the June debt-limit deal ...