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The National Defense Authorization Act for Fiscal Year 2022 (S. 1605; NDAA 2022, Pub.L. 117-81) is a United States federal law which specifies the budget, expenditures and policies of the U.S. Department of Defense (DOD) for fiscal year 2022. Analogous NDAAs have been passed annually for 60 years.
The United States federal budget for fiscal year 2022 ran from October 1, 2021, to September 30, 2022. The government was initially funded through a series of four temporary continuing resolutions . The final funding package was passed as an omnibus spending bill , the Consolidated Appropriations Act, 2022 .
As of 10 March 2023 the fiscal year 2024 (FY2024) presidential budget request was $842 billion. [b] In January 2023 Treasury Secretary Janet Yellen announced the US government would hit its $31.4 trillion debt ceiling on 19 January 2023; [18] the date on which the US government would no longer be able to use extraordinary measures such as issuance of Treasury securities is estimated to be in ...
“The good news associated with the Pentagon’s 1.6% increase in the 2022 budget of $715 billion ... percent change in DoD budget from 2001 to 2021. All data was collected on and up to date as ...
The United States has long had the world’s biggest defense budget, ... But in 2022, the Federal Reserve started jacking up rates to tame inflation, and the government now pays an average ...
Figure C – Historical Defense Spending, 1970-2019. Data from the United States Office of Management and Budget archives. National defense spending is any government spending attributable to the maintenance and strengthening of the United States Armed Forces, including the Army, Navy, Marines, and the Air Force. [15]
The National Defense Authorization Act (NDAA) is any of a series of United States federal laws specifying the annual budget and expenditures of the U.S. Department of Defense. The first NDAA was passed in 1961.
A military budget (or military ... world from 1950 to 2022 in constant 2021 US$ billions Defense spending in ... defense spending: Introduction to data".