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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.
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]
In the table, the fiscal years column lists all of the fiscal years the budget covers and the budget and budget per capita columns show the total for all those years. Note that a fiscal year is named for the calendar year in which it ends, so "2022-23" means two fiscal years: the one ending in calendar year 2022 and the one ending in calendar ...
Pennsylvania has a 2024-25 spending plan, and in just under two weeks past the June 30 constitutional deadline.. Lawmakers in Harrisburg and Gov. Josh Shapiro on Thursday night signed off on a $47 ...
This could be an opportunity to rebalance your portfolio to reduce (or increase) your risk, or it might be an opportunity to think about some new projects you want to undertake. 9 Questions ...
We break down 2024's financial trends to leave behind — as well as a few worth taking with us into 2025. In this article: Putting our trust in AI for financial advice
[2] [3] [4] It succeeds the budget held in March 2020, and the summer statement and Winter Economy Plan held in summer and autumn 2020, respectively. The budget is the second under Boris Johnson's government , also the second to be delivered by Sunak and the second since Britain's withdrawal from the European Union .
Speaker Mike Johnson (R-La.) last week also floated a proposal under which the House GOP conference would agree to raise the debt limit by $1.5 trillion in the first of two budget reconciliation ...