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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]
Members of Congress may be getting an up to $6,600 raise this year. That's due to a provision in a must-pass funding bill that's set to get a vote this week. Rank-and-file lawmakers have been ...
The United States federal budget for fiscal year 2024 ran from October 1, 2023, to September 30, 2024. From October 1, 2023, to March 23, 2024, the federal government operated under continuing resolutions (CR) that extended 2023 budget spending levels as legislators were debating the specific provisions of the 2024 budget.
Senate salaries House of Representatives salaries. This chart shows historical information on the salaries that members of the United States Congress have been paid. [1] The Government Ethics Reform Act of 1989 provides for an automatic increase in salary each year as a cost of living adjustment that reflects the employment cost index. [2]
While it's not part of the budget, the legislative pay raise will cost about $3.5 million next year. The entire 2025 budget is $25.1 billion, with $10.4 billion from the state general fund, which ...
Unfortunately, the amount some people will pay in Social Security payroll taxes on their wage income could increase in 2025 because of one of the program's annual changes. The word "taxes" written ...
Language on the topic of UFO/UAP was also included in the previous 2023 NDAA (e.g. 50 U.S.C. § 3373b), the 2022 NDAA (e.g. 50 U.S.C. § 3373), the Intelligence Authorization Act for Fiscal Year 2022 (e.g. 50 U.S.C. § 3373a), as well as an accompanying Senate Select Committee on Intelligence report for the Intelligence Authorization Act for ...
The IRS just released its inflation-adjusted tax brackets for 2025 — and it’s the smallest increase in four years. Income thresholds for each tax bracket will rise by about 2.8% in the new ...