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The Budget Control Act of 2011 mandates caps on discretionary spending, which under current law will be lowered beginning in January 2013 to remove $1.2 trillion of spending over the following ten years. In addition, several temporary tax cuts were scheduled to expire at the beginning of the 2013 calendar year, including the 2001 and 2003 Bush ...
2013 United States federal budget: 26 Mar 2013 Sep 30, 2013 Omnibus bill Consolidated and Further Continuing Appropriations Act, 2013: H.R. 933: 2014 United States federal budget: Oct 1, 2013 Oct 17, 2013 funding gap – United States federal government shutdown of 2013: Oct 17, 2013 Jan 15, 2014 Continuing resolution Continuing Appropriations ...
The United States federal budget for fiscal year 2020 ran from October 1, 2019 to September 30, 2020. The government was initially funded through a series of two temporary continuing resolutions . The final funding package was passed as two consolidated spending bills in December 2019, the Consolidated Appropriations Act, 2020 ( H.R. 1158 ) and ...
Acquiring major weapons systems and completing large construction projects, for example, can take several years. The $42 billion figure is CBO’s estimate of the reduction in cash disbursements in fiscal year 2013; much of the remaining outlay reductions from the 2013 sequestration will occur in fiscal year 2014, though some will occur later." [5]
Each year, the President of the United States submits a budget request to Congress for the following fiscal year as required by the Budget and Accounting Act of 1921. Current law ( 31 U.S.C. § 1105 (a)) requires the president to submit a budget no earlier than the first Monday in January, and no later than the first Monday in February.
0–9. 1992 United States federal budget; 1993 United States federal budget; 1994 United States federal budget; 1995 United States federal budget; 1996 United States federal budget
By Bonnie Lee Happy New Year! I don't know what you did on New Year's Eve, but we all know what Congress did: they finally hammered down some tax legislation for 2013 and beyond. These last ...
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