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The Fiscal Responsibility Act of 2023, passed in June 2023, resolved that year's debt-ceiling crisis and set spending caps for FY2024 and FY2025. The act called for $895 billion in defense spending and $711 billion in non-defense discretionary spending for fiscal year 2025, representing a 1% increase over fiscal year 2024. [10]
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. Each chamber of Congress introduces a version of the NDAA for 2025. The House introduced H.R. 8070 on April 18 and sent it to the Senate on July 8 for consideration.
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]
But the two-year budget deal struck in mid-2023 capped the 2025 defense budget at 1% above the $886 billion 2024 budget. As a result, Biden's total 2025 national security budget will be $895 billion.
The county commissioners got a look at a first draft of the FY 2025 operating budget, and at $300.9 million, it's about $19.8 million higher. ... State offices: $7.4 million, up from $6.1 million ...
LANSING — Gov. Gretchen Whitmer made free preschool and community college a centerpiece of an $80.7 billion budget she presented to state lawmakers Wednesday for the 2025 fiscal year that starts ...
The Mississippi Joint Legislative Budget Committee on Friday approved a state budget estimate of $7,600,100 for Fiscal Year 2025, which begins in July, meaning the state could have less money than ...
The fiscal year is the accounting period of the federal government, ... 2025 United States federal budget: September 26, 2024 December 20, 2024 Continuing resolution