WebFeb 28, 2024 · Each year federal agencies receive funding from Congress, known as budgetary resources . In FY 2024, the Department of Defense (DOD) had $1.98 Trillion distributed among its 6 sub-components. Agencies spend available budgetary resources by making financial promises called obligations . WebThe National Defense Authorization Act for Fiscal Year 2024 (S. 1790; NDAA 2024, Pub.L. 116-92) is a United States federal law which specifies the budget, expenditures and policies of the U.S. Department of …
Federal Spending U.S. Treasury Fiscal Data
WebTotal defense spending (contracts plus payroll) ranged from $7.8 million in American Samoa to $2.0 billion in Guam. This comprised 33.9 percent of Guam's Gross Domestic Product (GDP), the highest of any U.S. state or territory. Among the 50 States and DC, defense spending as a WebDec 12, 2024 · The fiscal year 2024 NDAA conference report authorizes $735 billion for national defense spending within the jurisdiction of the Armed Services Committee: $658.1 billion for the base budgets of the Department of Defense and national security funding in the Department of Energy; $71.5 billion for overseas contingency operations; and $5.3 … lampadine g9 alogene
DoD Releases Report on Defense Spending by State in …
WebFeb 10, 2024 · On February 10, 2024, President Donald J. Trump sent Congress a proposed Fiscal Year (FY) 2024 budget request of $740.5 billion for national security, $705.4 billion of which is for the Department ... WebOct 27, 2024 · The analysis of fiscal year 2024 data, which runs from Oct. 1, 2024, until Sept. 30, 2024, broke down DOD spending in all 50 states and the District of Columbia. Over the fiscal year, DOD spent $593.9 billion, the equivalent of 2.8 percent of America’s gross domestic product. Contracts accounted for $439 billion while DOD payroll … WebThe federal government collected $5.0 trillion in revenue in fiscal year 2024 (FY 2024) — or $15,098 per person. The federal government spent $6.5 trillion in FY 2024 — or $19,434 per person — including funds distributed to states. Federal revenue increased 14.3% in FY 2024 after collecting more personal income taxes, social security ... lampadine gu10 2700k