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Meanwhile, Congress is still working on a budget for the current fiscal year. On Saturday, Biden signed into law a $460 billion package to avoid a shutdown of several federal agencies, but ...
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 following year, former President Barack Obama signed into law the Gabriella Miller Kids First Research Act, which authorized $12.6 million in annual funds for childhood disease research ...
Agreed to by the House on April 20, 2024 (366-58 311-112 385-34 360-58) and by the Senate on April 23, 2024 Signed into law by President Joe Biden on April 24, 2024 Public Law 118-50 (referred to as the National Security Act, 2024 in drafts) is an appropriations bill enacted by the 118th Congress and signed into law by president Joe Biden on ...
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.
Shelby County Board of Commissioners approved their $1.6 billion operating budget for fiscal year 2025 in the early hours of Tuesday morning. The almost 12-hour long meeting was tense, with the ...
National Defense Authorization Act for Fiscal Year 2024 To authorize appropriations for fiscal year 2024 for military activities of the Department of Defense and for military construction, and for defense activities of the Department of Energy, to prescribe military personnel strengths for such fiscal year, and for other purposes. H.R. 1722
So here's hoping Lustig is right that "2024 may also be remembered as the year U.S. fiscal exuberance died." ... This approach should be reinforced through strict budget enforcement mechanisms ...