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An omnibus spending bill is a type of bill in the United States that packages many of the smaller ordinary appropriations bills into one larger single bill that can be passed with only one vote in each house of Congress. There are twelve different ordinary appropriations bills that need to be passed each year to fund the federal government and avoid a government shutdown. An omnibus spending bill combines two or more of those bills into a single bill.
In the United States, a continuing resolution is a type of appropriations legislation. An appropriations bill is a bill that appropriates money to specific federal government departments, agencies, and programs. The money provides funding for operations, personnel, equipment, and activities. Regular appropriations bills are passed annually, with the funding they provide covering one fiscal year. The fiscal year is the accounting period of the federal government, which runs from October 1 to September 30 of the following year.
PAYGO is the practice in the United States of financing expenditures with funds that are currently available rather than borrowed.
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 non-partisan Congressional Budget Office provides extensive analysis of the budget and its economic effects. CBO estimated in February 2024 that Federal debt held by the public is projected to rise from 99 percent of GDP in 2024 to 116 percent in 2034 and would continue to grow if current laws generally remained unchanged. Over that period, the growth of interest costs and mandatory spending outpaces the growth of revenues and the economy, driving up debt. Those factors persist beyond 2034, pushing federal debt higher still, to 172 percent of GDP in 2054.
Americans for Limited Government(ALG) is a conservative 501(c)(4) non-profit organization "dedicated to restoring the constitutional, limited powers of government at the federal, state, and local level... by fighting to reduce the size and scope of government, protecting individuals rights, promoting federalism, and rolling back the tyranny of the administrative state." ALG is focused on "fiscal responsibility, regulatory reform, transparency and shedding light on overlooked issues that impact people's lives."
The 2012 United States federal budget was the budget to fund government operations for the fiscal year 2012, which lasted from October 1, 2011 through September 30, 2012. The original spending request was issued by President Barack Obama in February 2011. That April, the Republican-held House of Representatives announced a competing plan, The Path to Prosperity, emboldened by a major victory in the 2010 Congressional elections associated with the Tea Party movement. The budget plans were both intended to focus on deficit reduction, but differed in their changes to taxation, entitlement programs, defense spending, and research funding.
The Consolidated Appropriations Act, 2014 is an omnibus spending bill that packages several appropriation bills together in one larger bill. The 113th United States Congress failed to pass any of the twelve regular appropriations bills before the beginning of Fiscal Year 2014. The Continuing Appropriations Act, 2014 temporarily funded the government from October 1, 2013 to January 15, 2014. A second continuing resolution extended funding until January 18, 2014, giving both the House and the Senate enough time to vote on this bill.
Every year, the United States Congress is responsible for writing, passing, reconciling, and submitting to the President of the United States a series of appropriations bills that appropriate money to specific federal government departments, agencies, and programs for their use to operate in the subsequent fiscal year. The money provides funding for operations, personnel, equipment, and activities. In 2014, Congress was responsible for passing the appropriations bills that would fund the federal government in fiscal year 2015, which runs from October 1, 2014, to September 30, 2015.
The United States Federal Budget for fiscal year 2016 began as a budget proposed by President Barack Obama to fund government operations for October 1, 2015 – September 30, 2016. The requested budget was submitted to the 114th Congress on February 2, 2015.
The Consolidated Appropriations Act, 2016, also known as the 2016 omnibus spending bill, is the United States appropriations legislation passed during the 114th Congress which provides spending permission to a number of federal agencies for the fiscal year of 2016. The bill authorizes $1.1 trillion in spending, as well as $700 billion in tax breaks. The bill provides funding to the federal government through September 30, 2016.
The 2017 United States federal budget is the United States federal budget for fiscal year 2017, which lasted from October 1, 2016 to September 30, 2017. President Barack Obama submitted a budget proposal to the 114th Congress on February 9, 2016. The 2017 fiscal year overlaps the end of the Obama administration and the beginning of the Trump administration.
The Further Continuing and Security Assistance Appropriations Act, 2017 is a continuing resolution that extended fiscal year 2017 funding for the United States federal government from December 9, 2016 until April 28, 2017. The bill contains a boost to defense spending as well as bipartisan health programs.
The United States federal budget for fiscal year 2018, which ran from October 1, 2017, to September 30, 2018, was named America First: A Budget Blueprint to Make America Great Again. It was the first budget proposed by newly elected president Donald Trump, submitted to the 115th Congress on March 16, 2017.
The Consolidated Appropriations Act, 2018 is a United States omnibus spending bill for the United States federal government for fiscal year 2018 enacted by the 115th United States Congress and signed into law by President Donald Trump on March 23, 2018.
A rescission bill is a type of bill in the United States that rescinds funding that was previously included in an appropriations bill. Rescission bills proposed by the President of the United States are considered under an expedited process that cannot be filibustered in the Senate, allowing it to pass with 51 votes instead of 60. The procedure was introduced in 1974 as a replacement for impoundment. It was widely used between its introduction and 2000, but then fell into disuse until 2018.
The United States federal budget for fiscal year 2019 ran from October 1, 2018, to September 30, 2019. Five appropriation bills were passed in September 2018, the first time five bills had been enacted on time in 22 years, with the rest of the government being funded through a series of three continuing resolutions. A gap between the second and third of these led to the 2018–19 federal government shutdown. The remainder of government funding was enacted as an omnibus spending bill in February 2019.
The United States federal budget for fiscal year 2021 ran from October 1, 2020 to September 30, 2021. The government was initially funded through a series of five temporary continuing resolutions. The final funding package was passed as a consolidated spending bill on December 27, 2020, the Consolidated Appropriations Act, 2021. The American Rescue Plan Act of 2021 was passed as the budget reconciliation bill for FY2021.
The Consolidated Appropriations Act, 2021 is a $2.3 trillion spending bill that combines $900 billion in stimulus relief for the COVID-19 pandemic in the United States with a $1.4 trillion omnibus spending bill for the 2021 federal fiscal year and prevents a government shutdown. The bill is one of the largest spending measures ever enacted, surpassing the $2.2 trillion CARES Act, enacted in March 2020. The legislation is the first bill to address the pandemic since April 2020. According to the Senate Historical Office, at 5,593 pages, the legislation is the longest bill ever passed by Congress.
The Consolidated Appropriations Act, 2023 is a $1.7 trillion omnibus spending bill funding the U.S. federal government for the 2023 fiscal year. It includes funding for a range of domestic and foreign policy priorities, including support for Ukraine, defense spending, and aid for regions affected by natural disasters. It also includes provisions related to advanced transportation research, health care, electoral reform, and restrictions on the use of the social media app TikTok.
The United States federal budget for fiscal year 2024 runs from October 1, 2023, to September 30, 2024.
References
- 1 2 3 4 5 6 "JOINT STATEMENT OF JANET L. YELLEN, SECRETARY OF THE TREASURY, AND SHALANDA D. YOUNG, ACTING DIRECTOR OF THE OFFICE OF MANAGEMENT AND BUDGET, ON BUDGET RESULTS FOR FISCAL YEAR 2021". The New York Times. October 22, 2021. Retrieved November 15, 2021.
- ↑ Tankersley, Jim; Tackett, Michael (March 11, 2019). "Trump Proposes a Record $4.75 Trillion Budget". The New York Times. ISSN 0362-4331 . Retrieved August 5, 2019.
- ↑ Rabinowitz, Kate; Uhrmacher, Kevin (March 12, 2019). "What Trump proposed in his 2020 budget". Washington Post. Retrieved August 5, 2019.
- ↑ Everett, Burgess; Bresnahan, John (August 1, 2019). "Senate passes massive 2-year budget deal". Politico. Retrieved August 2, 2019.
- ↑ Lejeune, Tristan (August 2, 2019). "Trump signs two-year budget deal". The Hill. Retrieved August 2, 2019.
- ↑ Carney, Jordain (September 26, 2019). "Senate passes stopgap spending bill, sending it to Trump". The Hill. Retrieved October 20, 2019.
- ↑ Ogrysko, Nicole (September 27, 2019). "Trump signs continuing resolution, averting government shutdown until Nov. 21". Federal News Network . Retrieved October 20, 2019.
- ↑ Werner, Erica (November 21, 2019). "Trump signs short-term spending bill just ahead of shutdown deadline". Washington Post. Retrieved December 2, 2019.
- 1 2 3 4 5 6 7 Scholtes, Jennifer; Emma, Caitlin (December 16, 2019). "Congress debuts $1.37T spending deal that sidesteps border fight". Politico. Retrieved December 19, 2019.
- 1 2 3 4 Grisales, Claudia (December 16, 2019). "From Border Security To Tobacco Age, Both Parties Tout Key Wins In Spending Deal". NPR. Retrieved December 19, 2019.
- 1 2 Mazmanian, Adam (December 16, 2019). "Spending bill includes 3.1% pay raise for feds -". FCW. Retrieved December 19, 2019.
- 1 2 Mervis, Jeffrey; Malakoff, David (December 16, 2019). "Final 2020 spending bill is kind to U.S. research". Science. Retrieved December 19, 2019.
- ↑ "Appropriations Status Table". crsreports.congress.gov. Retrieved December 19, 2019.
- ↑ Ackerman, Andrew; Wise, Lindsay (January 9, 2020). "A Reversal by Trump Revives Agency That Aids Exporters". WSJ. Retrieved June 16, 2020.
- ↑ "Ex-Im Bank gets seven-year extension". SpaceNews.com. December 21, 2019. Retrieved June 16, 2020.
- ↑ Hellmann, Jessie (December 16, 2019). "Congress reaches deal to fund gun violence research for first time in decades". The Hill. Retrieved December 19, 2019.
- ↑ "Budget of the U.S. Government - Fiscal Year 2022" (PDF). Budget of the U.S. Government - Fiscal Year 2022. United States Office of Management and Budget. Retrieved October 25, 2021.