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Since 1976, when the United States budget process was revised by the Budget Act of 1974 [1] the United States Federal Government has had funding gaps on 22 occasions. [2] [3] [4] Funding gaps did not lead to government shutdowns prior to 1980, when President Jimmy Carter requested opinions from Attorney General Benjamin Civiletti on funding gaps and the Antideficiency Act.
The monitoring of federal spending and taxation and its variation between states in the United States began in 1977 under a query run by Daniel Patrick Moynihan, Democratic senator of New York. The query was designed to determine whether the state of New York was paying more in taxes than it was receiving in federal spending.
However, federal spending increased relative to state and local spending as a result of World War I and World War II, and by the 1930s, state and local government spending accounted for less than one half of government spending. By 2019, federal spending was more than 20% of GDP, while state and local spending hovered around 17% of GDP.
Prior to 1980, federal funding gaps caused by the expiration of appropriations legislation did not lead to government shutdowns. [1] However, in April 1980, Attorney General Benjamin Civiletti issued an opinion that the 1884 Antideficiency Act did require agencies to shut down during a funding gap.
Established by Congress, the debt ceiling is the maximum amount the federal government can borrow to finance obligations that lawmakers and presidents have already approved. Treasury needs to ...
Congress released a massive $1.2 trillion bill on Thursday to fund the rest of the federal government.. The package, which runs more than 1,000 pages, would provide funding for the departments of ...
Funding for the first stages of the Vietnam War was provided by supplemental appropriations, although President Johnson eventually acceded to Congressional demands to fund that war through the regular appropriations process. Budget authority is legal authority to obligate the federal government.
Although Utah's education budget has grown from $3.8 billion in 2014 to $7.7 billion in 2024, like Idaho, Utah also lags in local and state funding because it depends on state income tax and ...