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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]
The Act expands select current incentives in a tier-based system, beginning in 2023. [102] The Act specifies that commercial buildings must update efficiency by 25%, compared to a reference building, to qualify for $0.50 per square foot of tax credit for the first tier, increasing to a maximum of $5.00 per square foot for the final tier. [103]
At least 15% of each state's funds must be spent on off-system bridges (i.e., public bridges that are not on federal-aid highways), and 3% is set aside each year for bridges on tribal lands. Off-system and tribal bridge projects may be funded with a 100% federal share (as opposed to the standard 80% federal share). [113]
The House voted on Wednesday to pass a one-week extension for federal aviation programs, a stopgap move intended to head off a looming end-of-week deadline.. Congress is up against a Friday ...
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A July landslide on the Federal Way Link Extension might force the entire 7.8 mile long, $2.54 billion light rail project to push its opening date of late 2024 to sometime in 2025, ...
Federal Retirement Thrift Investment Board: VIII: 1800–1899: Office of Special Counsel: IX: 1900–1999: Appalachian Regional Commission: XI: 2100–2199: Armed Forces Retirement Home: XIV: 2400–2499: Federal Labor Relations Authority, General Counsel of the Federal Labor Relations Authority and Federal Service Impasses Panel: XV: 2500–2599
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