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Luiz Inácio Lula da Silva (Brazilian Portuguese: [luˈiz iˈnasju ˈlulɐ dɐ ˈsiwvɐ] ⓘ; born Luiz Inácio da Silva; 27 October 1945), [1] known mononymously as Lula, is a Brazilian politician who is the 39th and current president of Brazil since 2023. A member of the Workers' Party, Lula was also the 35th president from 2003 to 2011.
Military spending fell in the 1990s, but increased markedly in the 2000s as a result of the War in Afghanistan and Iraq. Military spending was cut slightly during the Obama administration, but the Trump administration planned to ramp up military spending to combat ISIL. National defense spending was expected to be $678 billion in 2019, an ...
Transfer payments to (persons) as a percent of Federal revenue in the United States Transfer payments to (persons + business) in the United States. CBO projects that spending for Social Security, healthcare programs and interest costs will rise relative to GDP between 2017 and 2027, while defense and other discretionary spending will decline relative to GDP.
Section 201 of the Social Security Act requires that the money in the trust funds be invested in interest-bearing debt securities issued and guaranteed by the federal government known as U.S ...
The program was expanded under the 2010 Affordable Care Act to guarantee more citizens' coverage, and the Department of Health and Human Services estimates some 45 million people rely on that ...
The government's 2025 debt strategy, due to be unveiled later this month, is expected to continue relying on floating-rate bonds amid local fiscal woes and global concerns over U.S. President ...
Donald Trump’s second term bears resemblance to Florida’s political transformation, with key Sunshine State figures leading the charge for dramatic spending cuts and deregulation in Washington.
The LRF also introduced a limit on personnel spending. The federal government is allowed to spend up to 50% of current net revenue, while states, municipalities and the Federal District can spend up to 60%. If spending reaches 95% of the established limit, it becomes forbidden to grant advantages, create positions and jobs and pay overtime.