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The National Defense Authorization Act is an annual bill proposed in the United States Congress that redefines the United States military budget for the following fiscal year. [2] [3] Each chamber of Congress introduced a version of the NDAA: H.R. 2670 in the House and S. 2226 in the Senate.
Military budget of China, USSR, Russia and US in constant 2021 US$ billions Military spending as a percent of federal government revenue. The military budget of the United States is the largest portion of the discretionary federal budget allocated to the Department of Defense (DoD), or more broadly, the portion of the budget that goes to any military-related expenditures.
The United States federal budget for fiscal year 2024 ran from October 1, 2023, to September 30, 2024. From October 1, 2023, to March 23, 2024, the federal government operated under continuing resolutions (CR) that extended 2023 budget spending levels as legislators were debating the specific provisions of the 2024 budget.
Democrats across the Capitol were outraged Thursday at news that Defense Secretary Pete Hegseth has ordered senior Pentagon and military leaders to plan 8 percent cuts from the defense budget in ...
The Pentagon's budget is approaching $1 trillion per year. In December, then-President Joe Biden signed a bill authorizing $895 billion in defense spending for the fiscal year ending September 30.
The proposed cuts to the Pentagon’s approximately $850 billion budget would amount to tens of billions of dollars in cuts in the first year, the largest reduction in the Defense Department ...
To achieve these cuts, however, requires an ability to identify how exactly funds for base operations are put to use. That has proved to be exceedingly difficult in past budget reduction attempts .
[57] [58] In March 2023, the Coast Guard's proposed FY2024 budget requested $17.1 million in procurement funding for the NSC program for post-delivery activities for the 10th and 11th NSCs, class-wide activities that included test and evaluation, and program close-out support, thereby suggesting it is not pursuing the option of a 12th cutter. [59]