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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]
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 ...
During FY 2009, the GAO reported that the U.S. government incurred approximately $683 billion in expenses for the Department of Defense (DoD) and $54 billion for Homeland Security, a total of $737 billion. The GAO financial statements present data on an accrual basis, meaning as expenses are incurred rather than actual cash payments. [47]
The Under Secretary of Homeland Security for Management (USM), as the chief operating officer of the Department, is responsible for Department-wide administrative support services and oversight for all support functions, including: IT, budget and financial management, procurement and acquisition, human capital, security, and administrative services.
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 ...
The budget also includes a $10 billion education bond which includes $1.5 billion processed in 2025-2026 for the modernization and new construction of safety projects for TK-12 schools and $51.5 ...
Introduction to homeland security: Principles of all-hazards risk management (Butterworth-Heinemann, 2011) Ramsay, James D. et al. Theoretical Foundations of Homeland Security: Strategies, Operations, and Structures (Routledge, 2021) Sylves, Richard T. Disaster policy and politics: Emergency management and homeland security (CQ press, 2019).
The new wage base limit, which will be in effect in 2025, is $176,100, up from the $168,600 limit in 2024. This means more income of some workers will be subject to Social Security payroll taxes.