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The United States federal budget for fiscal year 2022 ran from October 1, 2021, to September 30, 2022. The government was initially funded through a series of four temporary continuing resolutions. The final funding package was passed as an omnibus spending bill, the Consolidated Appropriations Act, 2022.
During FY2017, the federal government collected approximately $3.32 trillion in tax revenue, up $48 billion or 1.5% versus FY2016. Primary receipt categories included individual income taxes ($1,587B or 48% of total receipts), Social Security/Social Insurance taxes ($1,162B or 35%), and corporate taxes ($297B or 9%).
The Inflation Reduction Act of 2022 (IRA) is a United States federal law which aims to reduce the federal government budget deficit, lower prescription drug prices, and invest in domestic energy production while promoting clean energy. It was passed by the 117th United States Congress and signed into law by President Joe Biden on August 16 ...
A budget deficit occurs when the government spends more than the revenue it collects. Currently, the US government is running a $1.5 trillion budget deficit, according to Treasury Department data.
The U.S. House of Representatives on Wednesday was poised to avert a partial government shutdown next week, even as a large number of Republicans were prepared to revolt against their leadership ...
The Digital and Intelligence Service (DIS) is the digital service branch of the Singapore Armed Forces (SAF) responsible for providing military intelligence to the armed forces, building up the country's digital defence capabilities, and protecting the psychological defence of its military personnel. It was established on 28 October 2022, in ...
The Social Security Administration (SSA) will pay benefits to nearly 68 million Americans every month in 2024 for a total of more than $1.5 trillion over the course of the year.
Employment Development Department. In California, the Employment Development Department (EDD) is a department of the state government that administers Unemployment Insurance (UI), Disability Insurance (DI), and Paid Family Leave (PFL) programs. The department also provides employment service programs and collects the state's labor market ...