How much did the government spend in 2013?
The federal government spent $3.1 trillion in the states during its 2013 fiscal year.
When did the sequester go into effect?
January 1, 2013
The sequestration was to come into force on January 1, 2013 and was considered part of the fiscal cliff, but the American Taxpayer Relief Act of 2012 delayed it until March 1 of that year.
What does government sequestration mean?
Sequestration refers to a term used by Congress to represent a fiscal policy that gives the government unlimited right to reduce budget across several departments and agencies in the nation.
What is the current amount projected to be spent by the US in 2013?
Total annual spending will increase by $2.4 trillion, growing from $3.5 trillion in 2013 to $5.9 trillion in 2023. Net interest costs are projected to grow the most by far. They will more than triple over the next decade, exploding from $223 billion in 2013 to $823 billion in 2023.
What is sequester cut?
Sequestration refers to automatic spending cuts that occur through the withdrawal of funding for certain (but not all) government programs.
What is the FY 2022 Congressional Budget Justification?
The FY 2022 Congressional Budget Justification – Department Of State, Foreign Operations, And Related Programs describes the funding required for State and USAID to carry out our missions worldwide. Read More About Congressional Budgets»
Is the Department of State’s annual performance plan in the CBJ?
In some years, the Department of State has included its annual performance plan and report in the Congressional Budget Justification (CBJ). Recent Department of State Operations CBJs that include the Department’s annual performance plans and reports are listed on the left side of this screen.
What is the Department of State’s annual performance plan?
The Department of State’s annual performance plans and reports, submitted to the President, the Congress, and the American public, describe progress the Department is making toward the achievement of its long-term strategic goals and set forth performance targets for future years.