Search results
Results from the WOW.Com Content Network
The Senate will now depart for the holidays, and return on January 3, 2025, when the 119th Congress will be sworn in. -ABC News' Allison Pecorin Dec 20, 10:56 PM
The Fiscal Responsibility Act of 2023, passed in June 2023, resolved that year's debt-ceiling crisis and set spending caps for FY2024 and FY2025. The act called for $895 billion in defense spending and $711 billion in non-defense discretionary spending for fiscal year 2025, representing a 1% increase over fiscal year 2024. [10]
On May 22, the House Armed Services Committee approved its version of the 2025 National Defense Authorization Act, by a 57–1 vote. [6] As passed by the Committee, the bill included the Pentagon's controversial "Legislative Proposal 480", transferring Air National Guard space units to the Space Force; however, the Committee accepted an amendment proposed by Joe Wilson (R‑SC), watering down ...
But the two-year budget deal struck in mid-2023 capped the 2025 defense budget at 1% above the $886 billion 2024 budget. As a result, Biden's total 2025 national security budget will be $895 billion.
The storm killed more than 100 people across the state and caused an estimated $60 billion in damage, according to the latest estimate from the North Carolina Office of State Budget and Management.
Traditionally, the United States House of Representatives and the United States Senate agree together on a budget resolution in the spring, that is then used to determine spending limits for twelve regular appropriations bills. The twelve appropriations bills then appropriate the funding for the federal government to use for the next budgetary ...
The projected 2025 COLA for Social Security is 2.5%, according to an emailed September 11 TSCL press release, resulting in another drop. That percentage is likely to change, but the concern is ...
The Congressional Budget Office said Friday it expects inflation to nearly hit the Federal Reserve's 2% target rate in 2024, as overall growth is expected to slow and unemployment is expected to ...