What partisan concessions are included in the FY24 federal budget? After months of drawn-out negotiations, both parties walked away with political wins. Republicans celebrated provisions to increase the number of border patrol agents, prohibit the government from banning gas stoves, ban U.S. embass...
Explore each step of the federal budget process and timeline, from the president’s budget proposal through the start of the fiscal year.
The CBO noted that the deficit grew in Q1 of FY24 compared to the same period a year ago because federal spending rose at a faster pace than tax receipts in its preliminary analysis of the budget data. While the government’s tax revenue rose by $83 billion in that period,spending...
The single biggest expenditure of the federal government in FY 2023 was for Social Security, which takes up 21% of the government's dollars. Defense spending, which dominated the budget for some years after the Sept. 11, 2001 attacks, was 13% in FY 2023.2 The President and Budget Negotiatio...
Biden’s FY25 budget cuts missile defense when we need it more than ever Given the deteriorating security environment, it would seem that cutting missile defenses is the exact wrong thing to do at this point.More Stories Opinion Without change, US Navy’s future fleet looks too ambitious for...
Stay up to date on appropriations from Congress and budget policies from OMB and what they mean for your agency.
Federal Budget: Overview and Issues for FY2017 and Beyond [March 24, 2016]Grant A. DriessenLibrary of Congress. Congressional Research ServiceLibrary of Congress. Congressional Research Service
U.S. federal budget deficit reaches 475 bln USD in first five months of FY 2022: CBO WASHINGTON, March 8 (Xinhua) -- The nonpartisan Congressional Budget Office (CBO) said on Tuesday that the U.S. federal budget deficit was estimated to have reached 475 billion U.S. dollars in the ...
In review, The CRFB is primarily concerned with reducing the federal budget generally through entitlement reform. The website offers news and a blog that uses minimal loaded words such as thisTreasury Reports $63 Billion Deficit for July, Pushing FY 2020 Total to $2.8 Trillion. This story is...
Last January, the Office of Management and Budget (OMB) released M-22-09, a memorandum that set forth the federal government strategy on zero trust adoption, in an effort to reinforce the security and protection of government agencies’ critical systems,