Lawmakers are expected to vote this week on a full-year appropriations bill that would fund the entire federal government through the end of the fiscal year on Sept. 30, 2023. That “omnibus” spending package
…there will be a big automatic tax increase at the end of this year if the 2017 tax cuts are not made permanent, or at least extended. …the growing burden of government spending has led to $2 trillion annual deficits and record levels of government debt. The good news, relatively ...
Government ExpenditureGeneralThis paper discusses the short- and medium-term fiscal implications of government wage bill spending. Working with a sample of 137 advanced, emerging and low-inDybczak, KamilGarcia-Escribano, MercedesSocial Science Electronic Publishing...
But in addition to the FRA’s spending caps, other budgetary vagaries have put challenges ahead for NSF. “NSF has a unique problem because some of its fiscal year 2023 funding is not considered base funding,” O’Bryan said. “It was funded through a supplemental appropriation.” This appro...
Those days of forgivingly low interest rates have now passed. This week the Federal Reserve raised rates again, to 5-5.25%. America will spend more on debt interest this year, as a share of gdp, than at any time so far this century; by 2030 the bill will be at an all-time high,...
About 130 billion yen ($804 million) of the defense budget for fiscal 2023 will be unused, despite the government’s insistence that spending for national security must increase through tax hikes.
"The prime minister's set out his objectives for 2023, halving inflation, getting the economy back to growth and debt reduction over the medium term." The sales job is a challenging one as Britain tips into recession this year, battles high inflation and a cost-of-living crisis ...
Government expenditure and taxation have a significant influence on the long-term adaptation and resilience of societies to climate and other environmental shocks. Unprecedented fiscal spending in the COVID-19 recovery offered an opportunity to systemati
Backlog of$21.8 billion, up 22.5% y/y; Q4 book-to-bill 1.67x (1.35x TTM) Fiscal Year 2024 Highlights from Continuing Operations: Revenue of$11.5 billiongrew 6.0% y/y; adjusted net revenue1 up 5.1% y/y Net income of$613 million, up 61.6% y/y; Adjusted EBITDA1 of$1...
Trailing twelve-month book-to-bill ratio of 1.04x and book-to-bill of 0.83x in the quarter ASHBURN, VA, November 3, 2022 – DXC Technology (NYSE: DXC) today reported results for the second quarter of fiscal year 2023. Mike Salvino, DXC Chairman, President and Chief Executive Officer com...