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For FY2021, the Department of Defense's discretionary budget authority was approximately $705.39 billion ($705,390,000,000). Mandatory spending of $10.77 billion, the Department of Energy and defense-related spending of $37.335 billion added up to the total FY2021 Defense budget of $753.5 billion. [ 46 ] FY2021 was the last year for OCOs as ...
The federal debt at the end of the 2018/19 fiscal year (ended September 30, 2019) was $22.7 trillion (~$27.1 trillion in 2023). The portion that is held by the public was $16.8 trillion. Neither figure includes approximately $2.5 trillion owed to the government. [ 83] Interest on the debt was $404 billion.
The United States budget comprises the spending and revenues of the U.S. federal government. The budget is the financial representation of the priorities of the government, reflecting historical debates and competing economic philosophies. The government primarily spends on healthcare, retirement, and defense programs.
The consumer price index released on August 14 showed consumer prices rose 2.9% year over year in July, down from 3% in June — the first time the index has come in under 3% in three years.
Best CD rates for August 8, 2024. Today's best rates of returns are found at FDIC-insured digital banks and online accounts paying out up to 5.20% APY with minimum deposits at Lending Club, Sallie ...
Project 2025 is aligned with Trump's plans to fire more government employees than allocated to the president using Schedule F, a job classification Trump established in an October 2020 executive order. [ 174] Biden rescinded the classification in January 2021; Trump has said he would restore it.
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