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Right before leaving town for the holidays, Congress passed a 4,155 page, $1.7 trillion spending bill to cover the government’s expenses in the 2023 fiscal year.
The Consolidated Appropriations Act, 2023 is a $1.7 trillion omnibus spending bill funding the U.S. federal government for the 2023 fiscal year. [ 1 ] [ 2 ] It includes funding for a range of domestic and foreign policy priorities, including support for Ukraine , defense spending, and aid for regions affected by natural disasters.
Under the United States budget process established in 1921, the US government is funded by twelve appropriations bills that are formed as a response to the presidential budget request submitted to congress in the first few months of the calendar year. The various legislators in the two chambers of congress negotiate over the precise details of ...
The massive $1.7 trillion spending package funds federal agencies through next fall. It includes additional U.S. aid to Ukraine as the country fights to hold off Russia in the ongoing war .
Congress is set to vote on a 4,155-page, $1.7 trillion government funding bill within days of its release this week. The omnibus funding package, made up of the 12 annual appropriations bills ...
According to Walter J. Oleszek, a political science professor and "senior specialist in American national government at the Congressional Research Service", [3] omnibus bills have become more popular since the 1980s because "party and committee leaders can package or bury controversial provisions in one massive bill to be voted up or down."
Here’s what’s no longer in the funding package: ... The nation’s debt currently stands at $36.2 trillion. ... in the government funding package. But the measures did not make the cut.
The US government's Bureau of Economic Analysis as of Q3 2023 estimates $10,007.7 billion in annual total government expenditure and $27,610.1 billion annual total GDP which is 36.2%. [1] This government total excludes spending by "government enterprises" which sell goods and services "to households and businesses in a market transaction."