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The United States Federal Budget for fiscal year 2016 began as a budget proposed by President Barack Obama to fund government operations for October 1, 2015 – September 30, 2016. The requested budget was submitted to the 114th Congress on February 2, 2015. The government was initially funded through a series of three temporary continuing ...
2016 United States federal budget – $4.0 trillion (submitted 2015 by President Obama) 2015 United States federal budget – $3.9 trillion (submitted 2014 by President Obama) 2014 United States federal budget – $3.5 trillion (submitted 2013 by President Obama) 2013 United States federal budget – $3.8 trillion (submitted 2012 by President ...
The Consolidated Appropriations Act, 2016 (H.R. 2029, Pub. L. 114–113 (text)), also known as the 2016 omnibus spending bill, is the United States appropriations legislation passed during the 114th Congress which provides spending permission to a number of federal agencies for the fiscal year of 2016.
The U.S. budget deficit is expected to grow to $590 billion in fiscal year 2016 due to slower than expected growth in revenues and higher spending for programs including Social Security and ...
Continuing Appropriations Resolution, 2017 (Pub. L. 114–223 (text)) - a continuing resolution that would fund the federal government of the United States through December 9, 2016 at 0.496% below the operating rate of the FY 2016 enacted appropriation. On September 28, 2016, the Senate voted 72-26 to pass the bill and later that day, the House ...
The US posted a record budget deficit in the month of February, according to a new report form the Treasury Department. The US posted a $234 billion budget deficit last month, the biggest one ...
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An increasing percentage of the federal budget became devoted to mandatory spending. [3] In 1947, Social Security accounted for just under five percent of the federal budget and less than one-half of one percent of GDP. [8] By 1962, 13 percent of the federal budget and half of all mandatory spending was committed to Social Security. [3]