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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]
The National Defense Authorization Act for Fiscal Year 2025 (NDAA 2025) is a United States federal law which specifies the budget, expenditures, and policies of the U.S. Department of Defense (DOD) for fiscal year 2025. [2] [3]
Dates funded Bill type Short title Text from until 2013 United States federal budget: ... 2025 United States federal budget: September 26, 2024 December 20, 2024
As the co-heads of the newly created Department of Government Efficiency, or DOGE, billionaires Elon Musk and Vivek Ramaswamy are promising to slash at least $2 trillion from the federal budget.
What to expect at the Fed's next policy meeting: January 28–29, 2025. It's widely expected the Federal Reserve will hold the Fed rate at 4.25% to 4.50% after its policy meeting on January 28 and ...
What to expect at the Fed's next policy meeting: January 28–29, 2025. It's widely expected the Federal Reserve will hold the Fed rate at 4.25% to 4.50% after its policy meeting on January 28 and ...
The United States budget comprises the spending and revenues of the U.S. federal government.The budget is the financial representation of the priorities of the government, reflecting historical debates and competing economic philosophies.
2017 U.S. federal budget [ edit ] Continuing Appropriations Resolution, 2017 ( Pub. L. 114–223 (text) (PDF) ) - a continuing resolution that would fund the federal government of the United States through December 9, 2016 at 0.496% below the operating rate of the FY 2016 enacted appropriation.