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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 fiscal 2025 NDAA, a whopping 1,800-page document, authorizes a $895 billion top line for Pentagon spending and lays out policy goals. ... and Congress must separately pass an appropriations ...
On May 22, the House Armed Services Committee approved its version of the 2025 National Defense Authorization Act, by a 57–1 vote. [6] As passed by the Committee, the bill included the Pentagon's controversial "Legislative Proposal 480", transferring Air National Guard space units to the Space Force; however, the Committee accepted an amendment proposed by Joe Wilson (R‑SC), watering down ...
Further Consolidated Appropriations Act, 2024 H.R. 2882: 2025 United States federal budget: September 26, 2024 December 20, 2024 Continuing resolution Continuing Appropriations and Extensions Act, 2025 H.R. 9747: December 21, 2024 March 14, 2025 Continuing resolution American Relief Act, 2025 H.R. 10545
With a government shutdown narrowly avoided late Friday into Saturday morning, the House and Senate sent a funding bill to President Joe Biden's desk. An initial bipartisan deal was tanked earlier ...
The Republican spending agenda has run afoul of a small group of Republican hardline conservatives, who want assurances that fiscal 2024 appropriations will not exceed a 2022 top line of $1.47 ...
Continuing Appropriations and Extensions Act, 2025 H.R. 9747, extending temporary funding through December 20, 2024. American Relief Act, ...
Congress needs to pass 12 appropriations bills — individually, together or on a short-term basis ... 5 Of UBS highest conviction 2025 picks are also dividend superstars. Food. Food.