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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]
Senate salaries House of Representatives salaries. This chart shows historical information on the salaries that members of the United States Congress have been paid. [1] The Government Ethics Reform Act of 1989 provides for an automatic increase in salary each year as a cost of living adjustment that reflects the employment cost index. [2]
In December 2007, the President's Pay Agent reported that an average locality pay adjustment of 36.89% would be required to reach the target set by FEPCA (to close the computed pay gap between federal and non-federal pay to a disparity of 5%). By comparison, in calendar year 2007, the average locality pay adjustment actually authorized was 16.88%.
House GOP releases 2025 legislative calendar. Ashleigh Fields. December 4, 2024 at 1:29 PM. House Majority Leader Steve Scalise (R-La.) released the schedule for the 119th Congress on Tuesday, ...
Powell and his colleagues said in December that they expect inflation to remain more elevated than previously thought — predicting it will end 2025 at 2.5% instead of a prior forecast of 2.2%.
You must deposit this money into a new retirement account within 60 days, or the government will tax it as a distribution. If your balance is between $1,000 and $5,000, your employer can roll your ...
Following the 2024 elections, the Republican Party retained its slim majority in the House, won the majority in the Senate, and upon Trump's second inauguration on January 20, 2025, will have an overall federal government trifecta for the first time since the 115th Congress in 2017, which was in session during Trump's first term.
This national electoral calendar for 2025 lists the national/federal elections scheduled to be held in 2025 in all sovereign states and their dependent territories. By-elections are excluded, though national referendums are included. Specific dates are given where these are known.