Government Contracting and the Federal Budget Understand the federal procurement process, top markets trends in FY24, and proposed budget and priorities for FY25. Budget & Appropriations The President’s FY25 Budget Request Compare FY24’s proposal with FY23’s budget, in terms of topline numbers...
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,spendin...
The annual process offunding the governmentis a monumental task, and staying on top of the many moving parts can be complicated and time intensive. To help you make sense of how the federal budget is determined, we break down the theoretical timeline, explain the significance of each step, ...
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
Stay up to date on appropriations from Congress and budget policies from OMB and what they mean for your agency.
In FY2011, the US government spent $3,598 billion (24.1% of GDP) and collected $2,302 billion in revenue (15.4% of GDP), resulting in a budget deficit of $1,296 billion (8.7% of GDP). The FY2012 deficit is currently estimated at $1,079 billion (7.0% of GDP). The Obama ...
It’s no secret that government support for a technology can turbo-boost adoption—ask anyone who uses GPS, the internet, or electronic medical records.2 US Federal Government support for Zero Trust is similar: the Office of Management and Budget (OMB) has started an accelerat...
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,
As a result, the newly-elected President Obama passed the FY 2009 budget, folding in $253 billion in expenses for the Economic Stimulus Act. Revenue For FY 2009, the Federal government received $2.105 trillion in revenue. Income taxes contributed $915 billion, Social Security taxes added $...
"I am pleased that Congress has passed a continuing resolution through March 11, ensuring that the government will remain open as we continue our bipartisan, bicameral negotiations on FY (fiscal year) 22 bills," Senate Appropriations Committee Vice Chairman Richard Shelby said in a statement. ...