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In the wake of November's stop-gap bill to fund the federal government through early 2024, MoneyGeek looks at the ways in which a government shutdown would impact the lives of federal employees.
House Speaker Mike Johnson’s two-step funding bill easily passed the US senate ahead of 17 November government shutdown deadline – after Democrats joined Republicans to pass vote in the lower ...
Congressional leaders have tentatively reached an agreement to prevent a government shutdown ahead of the Friday deadline while also funding the federal government through the end of fiscal 2023....
The United States federal budget for fiscal year 2023 ran from October 1, 2022, to September 30, 2023. The government was initially funded through a series of three temporary continuing resolutions. The final funding package was passed as an omnibus spending bill, the Consolidated Appropriations Act, 2023.
No. The U.S. Postal Service remains unaffected by a government shutdown because it does not depend on Congress for funding. In a statement posted to their website on Sept. 29, 2023, during risks ...
The most expensive government shutdown in history cost about $3 billion. The odds are increasing daily that the price tag of a possible sequel this fall could run even higher.
The Consolidated Appropriations Act, 2023 is a $1.7 trillion omnibus spending bill funding the U.S. federal government for the 2023 fiscal year. [ 1 ] [ 2 ] It includes funding for a range of domestic and foreign policy priorities, including support for Ukraine , defense spending, and aid for regions affected by natural disasters.
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]