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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.
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.
According to initial estimates published by the Department of Energy last month, the industry could account for between 0.6% and 2.3% of total annual U.S. electricity use.
Traditionally, after a federal budget for the upcoming fiscal year has been passed, the appropriations subcommittees receive information about what the budget sets as their spending ceilings. [2] This is called "302(b) allocations" after section 302(b) of the Congressional Budget Act of 1974. That amount is separated into smaller amounts for ...
Speaker Mike Johnson (R-La.) last week also floated a proposal under which the House GOP conference would agree to raise the debt limit by $1.5 trillion in the first of two budget reconciliation ...
The Department of Energy picked seven hydrogen hubs to receive a total of $7 billion from the Bipartisan Infrastructure Law, money the White House said in a press release will lead to another $40 ...
On May 22, the House Armed Services Committee approved its version of the 2025 National Defense Authorization Act, by a 57–1 vote. [6] As passed by the Committee, the bill included the Pentagon's controversial "Legislative Proposal 480", transferring Air National Guard space units to the Space Force; however, the Committee accepted an amendment proposed by Joe Wilson (R‑SC), watering down ...
[14] [15] The Biden administration delivered a tax plan to congress aiming to replace fossil fuel subsidies, with incentives for green energy. [16] Its proposed budget includes a 30% increase in funding for clean energy, including in rural communities. [17] Biden has ordered the amount of energy produced from offshore wind turbines to be ...