Budget

The Department of Commerce’s Fiscal Year 2024 Budget proposes $12.3 billion in discretionary funding and $4 billion in mandatory funding. This funding will complement investments in high-speed Internet access and climate resilience provided by the Bipartisan Infrastructure Law and the Inflation Reduction Act as well as investments to revitalize the domestic semiconductor industry provided by the CHIPS Act of 2022. The Department of Commerce’s Fiscal Year 2024 Budget makes prudent investments to position our workers and businesses for success in the 21st century. Specifically, the Budget makes investments that will drive U.S. innovation and global competitiveness, foster inclusive capitalism and equitable economic growth, address the climate crisis, expand opportunity and discovery through data, and provide 21st-century service to deliver on its mission.

• FY 2024 Budget in Brief
• FY 2024 Budget Summary Discretionary Control Table
• FY 2024 Congressional Bureau Justification

Explore our interactive spending data View all past budgets documents

Lapse in Funding for Commerce

The Department’s contingency plan outlines procedures for an orderly shutdown of non-exempt functions during a lapse in funding or appropriations.

Performance

Evaluation Plan

• FY 24 Department of Commerce Evaluation Plan
• FY 23 Department of Commerce Evaluation Plan
• FY 22 Department of Commerce Evaluation Plan

Strategic Plan

• FY 2022-2026 Strategic Plan: Innovation, Equity, and Resilience: Strengthening American Competitiveness in the 21st Century
• Learning Agenda, Companion to the 2022 – 2026 Strategic Plan
• FY 22/26 Evidence/Evaluation Capacity Assessment

Performance Plans and Reports

• FY 2024 Annual Performance Plan and FY 2022 Annual Performance Report
• FY 2021 Agency Financial Report

 View all past performance documents