Federal Managers Association
In the News
- The 9 most significant agency and program reforms in Biden's budget - March 12, 2024
See how the president is prioritizing his proposed budget increases at nearly every agency in government.
Eric Katz, Government Executive
President Biden unveiled nearly across-the-board spending bumps in his fiscal 2025 budget on Monday, though his proposal maintained a lower overall spending level as agreed to in recent budget deals.
The funding increases were far more modest than the White House proposed in his previous spending blueprint, a reflection of his agreement with congressional Republicans. The budget complies with the Fiscal Responsibility act, a two-year deal President Biden signed into law last year to set budget caps in exchange for increasing the debt ceiling.
Non-defense discretionary spending would come in at $770 billion after accounting for offsets in the FRA, a 1.3% increase. Defense spending was set to increase to $850 billion. Accounting for all parts of the federal budget, the document proposed nearly $7.3 trillion in spending.To read the full article, click here.