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The 2013 United States federal budget is the budget to fund government operations for the fiscal year 2013, which began on October 1, 2012, and ended on September 30, 2013. The original spending request was issued by President Barack Obama in February 2012.
In December 2013, the Bipartisan Budget Act of 2013 changed the sequestration caps for FY2014 and FY2015. This deal would eliminate some of the spending cuts required by the sequester by $45 billion of the cuts scheduled to happen in January and $18 billion of the cuts scheduled to happen in 2015.
On March 21, the House passed a FY 2014 budget that would balance the United States budget in 2023. This was a shorter period than envisaged in their 2013 budget, which balanced in 2035, and the 2012 budget, which balanced in 2063. It passed the House on a mostly party-line 221–207 vote.
With Congress having failed to agree by late September 2013 on the budget for the fiscal year beginning October 1, members of the Senate proposed a resolution to continue funding the government at sequestration levels through December 2013 as a stop-gap measure, to allow more time to negotiate over final funding levels for the full fiscal year.
2015 United States federal budget – $3.9 trillion (submitted 2014 by President Obama) 2014 United States federal budget – $3.5 trillion (submitted 2013 by President Obama) 2013 United States federal budget – $3.8 trillion (submitted 2012 by President Obama) [124] 2012 United States federal budget – $3.7 trillion (submitted 2011 by ...
WASHINGTON (Reuters) -The U.S. government posted a $367 billion budget deficit for November, up 17% from a year earlier, as calendar adjustments for benefit payments boosted outlays by some $80 ...
The Bipartisan Budget Act of 2013 (H.J.Res. 59; Pub. L. 113–67 (text)) is a federal statute concerning spending and the budget in the United States, that was signed into law by President Barack Obama on December 26, 2013.
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