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Titles I through IX of the law are known as the Congressional Budget Act of 1974. Title II created the Congressional Budget Office.Title III governs the procedures by which Congress annually adopts a budget resolution, a concurrent resolution that is not signed by the President, which sets fiscal policy for the Congress.
Signed into law by President Ronald Reagan on September 13, 1982 The Antideficiency Act ( ADA ) ( Pub. L. 97–258 , 96 Stat. 923 ) is legislation enacted by the United States Congress to prevent the incurring of obligations or the making of expenditures (outlays) in excess of amounts available in appropriations or funds.
Signed into law by President Ronald Reagan on September 3, 1982 The Tax Equity and Fiscal Responsibility Act of 1982 ( Pub. L. 97–248 ), [ 1 ] also known as TEFRA , is a United States federal law that rescinded some of the effects of the Kemp-Roth Act passed the year before.
The Posse Comitatus Act is a United States federal law (18 U.S.C. § 1385, original at 20 Stat. 152) signed on June 18, 1878, by President Rutherford B. Hayes that limits the powers of the federal government in the use of federal military personnel to enforce domestic policies within the United States.
The Government Employee Fair Treatment Act of 2019 (GEFTA) is a United States federal law which requires retroactive pay and leave accrual for federal employees affected by the furlough as a result of the 2018–19 federal government shutdown and any future lapses in appropriations. [1]
Three CBO deficit scenarios related to the American Taxpayer Relief Act of 2012 (ATRA) and the Fiscal Cliff. The blue line (August 2012 baseline) was the "current law" baseline, with tax increases and spending cuts that would take effect if laws were not changed.
For fiscal 2025 revenue was $130.5 billion, up 114% from the prior year. Let's start with Data Center. Data center revenue for fiscal 2025 was $115.2 billion, more than doubling from the prior year.
That law also lowered the capital gains tax and taxes on dividends. Collectively, the Bush tax cuts reduced federal individual tax rates to their lowest level since World War II , and government revenue as a share of gross domestic product declined from 20.9% in 2000 to 16.3% in 2004.