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Pork barrel, or simply pork, is a metaphor for the appropriation of government spending for localized projects secured solely or primarily to direct expenditures to a representative's district. The usage originated in American English , and it indicates a negotiated way of political particularism .
The United States federal budget for fiscal year 2023 ran from October 1, 2022, to September 30, 2023. The government was initially funded through a series of three temporary continuing resolutions. The final funding package was passed as an omnibus spending bill, the Consolidated Appropriations Act, 2023.
Aside from lopping off entire agencies, here are some examples of controversial federal spending that, based on Musk and Ramaswamy’s recent comments, could be in the line of fire for coming cuts:
Breakdown of discretionary outlays of US Federal Government for 2023. FY 2013 Estimated Federal Spending per 2012 Budget Federal funding of science and technology research by year. The spike in 2009 is due to the American Reinvestment and Recovery Act. [57] Discretionary spending is spending that is not mandated on a multi-year basis by ...
However, the state passes a two-year spending plan every two years, and the two-year budget bill passed in 2023 is a spending plan for the upcoming 2024-25 fiscal year, too.
During FY2018, the federal government spent $4.11 trillion, up $127 billion or 3.2% vs. FY2017 spending of $3.99 trillion. Spending increased for all major categories and was mainly driven by higher spending for Social Security, net interest on the debt, and defense. Spending as % GDP fell from 20.7% GDP to 20.3% GDP, equal to the 50-year average.
Those pork projects will cost taxpayers about $1.1 billion if the bill passes in its current form, the Washington Examiner reported Tuesday. And that only scratches the surface.
The United States federal budget is divided into three categories: mandatory spending, discretionary spending, and interest on debt. Also known as entitlement spending, in US fiscal policy, mandatory spending is government spending on certain programs that are required by law. [1] Congress established mandatory programs under authorization laws.