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The 2013 United States federal budget is the budget to fund government operations for the fiscal year 2013, which began on October 1, 2012, and ended on September 30, 2013. . The original spending request was issued by President Barack Obama in February
The debate's resolution, the American Taxpayer Relief Act of 2012 (ATRA), eliminated much of the tax side of the dispute but only delayed the budget sequestrations for two months, thus reducing the original $110 billion to be saved per fiscal year to $85 billion in 2013.
The Bipartisan Budget Act of 2013 (H.J.Res. 59; Pub. L. 113–67 (text)) is a federal statute concerning spending and the budget in the United States, that was signed into law by President Barack Obama on December 26, 2013.
Yet even with the compromise, several new taxes in 2013 will raise tax bills for. ... 800-290-4726 more ways to reach us. Sign in. Mail. 24/7 Help. For premium support please call:
This is an accepted version of this page This is the latest accepted revision, reviewed on 17 November 2024. 2013 tax increase and spending decrease This article is part of a series on the Budget and debt in the United States of America Major dimensions Economy Expenditures Federal budget Financial position Military budget Public debt Taxation Unemployment Gov't spending Programs Medicare ...
For 2013 only, certain "security" funding such as homeland security and international affairs were cut in order to lessen the cuts to defense. [11] Federal unemployment benefits were extended for a year without a budget offset elsewhere, a cost of $30 billion. [3]
WASHINGTON (Reuters) -The U.S. government posted a $367 billion budget deficit for November, up 17% from a year earlier, as calendar adjustments for benefit payments boosted outlays by some $80 ...
The Tax Act will reduce spending for lower income households while cutting taxes for higher income households, as CBO reported on December 21, 2017: "Overall, the combined effect of the change in net federal revenue and spending is to decrease deficits (primarily stemming from reductions in spending) allocated to lower-income tax filing units ...