In response to the Republican budget plan, President Biden issued a statement : “My dad had an expression, ‘Don’t tell me what you value. Show me your budget, and I’ll tell you what you value.’ The Republican Study Committee budget shows what Republicans value. This extreme budget w...
Israel and the Indo-Pacific region, which Congress passed in April after months of delay, increasing Medicaid spending and $70 billion attributed to the 2023 bank failures
New programs and budget requests would have to be approved by DOT, which would then include these requests in the overall budget and submit it to the president. 【参考译文】1967年,新成立的美国运输部(DOT)整合了空中和地面运输的主要联邦职责。联邦航空局的名字变更为联邦航空管理局(FAA),成为了运输...
On June 3, 2023, President Biden signed the Fiscal Responsibility Act into law in order to avoid a default on federal debt and reduce the budget deficit by establishing new caps on defense and non-defense discretionary spending for FY24 and FY25. ...
The bottom line is that budget deficitsdon’t necessarily lead to inflation. But if a government is untrustworthy, then it will have trouble issuing debt to private investors. And that’s when politicians will have incentives to use the central bank as a printing press. ...
Interior was one of the early agencies to get a working capital fund for IT investments after the MGT Act passed. The president’s budget proposal continues the use of that fund, authorizing it up to $91.4 million, up from $60.7 million in 2021. ...
Stay up to date on appropriations from Congress and budget policies from OMB and what they mean for your agency.
A Congressional Budget Office analysis of the impact of pending bills (HR-82 and S-597) to repeal the Social Security windfall …More Coming Down to the Wire, COLA Count Stands at 2.5 Percent Published: September 17, 2024 With just one month remaining in the count toward the January federa...
Ending the threat of a government shutdown until after the holidays,Congress gave final approvalWednesday night to a temporary government funding package that pushes a confrontation over the federal budget into the new year. “This Friday night there will be no governm...
The president initiates budget negotiations and is required to submit a budget to Congress for the subsequent fiscal year between the first Monday of January and the first Monday of February.8(This has been relaxed at times when a newly elected president who is not from the incumbent party ente...