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Ramaswamy is correct: According to the Congressional Budget Office, $519.1 billion was spent on government programs with expired authorizations in fiscal year 2024. The most expensive of all these ...
Congress failed to pass legislation before leaving town to address a roughly $3 billion budget shortfall for the Department of Veterans Affairs (VA), as officials warn millions of veterans ...
The House on Tuesday passed an emergency bill to address a roughly $3 billion budget shortfall facing the Department of Veterans Affairs (VA), as officials warn millions of veterans’ benefits ...
On the campaign trail, Musk suggested that the government could reduce its roughly $6.75 trillion budget by about $2 trillion, an amount that exceeds all discretionary spending including the ...
The Washington Post cited critics who stated balancing the budget would require higher taxes or cuts to Medicare or Social Security, and DOGE's proposal to slash federal programs that Congress funds but whose authority had lapsed would cut "veterans' health care, initiatives at the State and Justice departments and NASA, and multiple major ...
In 2024, the Veterans’ Health Care Eligibility Reform Act of 1996 accounted for nearly $120 million in government funds despite its appropriations being authorized through 1998
Traditionally, after a federal budget for the upcoming fiscal year has been passed, the appropriations subcommittees receive information about what the budget sets as their spending ceilings. [2] This is called "302(b) allocations" after section 302(b) of the Congressional Budget Act of 1974. That amount is separated into smaller amounts for ...
The goal outlined in the Budget Control Act of 2011 was to cut at least $1.5 trillion over the coming 10 years (avoiding much larger "sequestration" across-the-board cuts which would be equal to the debt ceiling increase of $1.2 trillion incurred by Congress through a failure to produce a deficit reduction bill), therefore bypassing ...