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The National Defense Authorization Act for Fiscal Year 2024 (NDAA 2024) is a United States federal law which specifies the budget, expenditures, and policies of the U.S. Department of Defense (DOD) for fiscal year 2024.
As of 11 March 2024 the US Department of Defense fiscal year 2025 (FY2025) budget request was $849.8 billion. [a] On 20 December 2024 the House approved a Continuing Resolution to fund DoD and DoE operations at the FY2024 levels until 14 March 2025, at which time the Appropriations process for the NDAA is to be revisited by the 119th Congress. [4]
The second list is based on the 2024 edition of The Military Balance, published by the International Institute for Strategic Studies (IISS) using average market exchange rates. [2] The third list is a user-generated list of the highest military budgets of the current year, compiled from various sources.
For the first seven months of fiscal year 2024, which began last October, net interest payments totaled $514 billion, outpacing defense by $20 billion. Budget analysts think that trend will ...
April 10, 2024 at 7:16 AM All members of Nato are signed up to an agreement to spend the equivalent of 2% of their gross domestic product (GDP) on defence per year.
Japan's defence ministry made a record spending request on Thursday of 7.7 trillion yen ($52.67 billion), for fiscal 2024, the latest step of a plan to boost defence spending by 43 trillion yen ...
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.
The draft 2024 budget puts the deficit at 1.548 trillion hryvnias ($42 billion) or at about 20.4% of gross domestic product. ... planning for higher defence spending and counting on continued ...