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Bookmark or Share- The Federal Budget in Fiscal Year 2022: An InfographicThe federal deficit in 2022 was $1.4 trillion, equal to 5.5 percent of gross domestic product, almost 2 percentage points greater than the average over the past 50 years.
- Graphics - Congressional Budget OfficeDiscretionary Spending in Fiscal Year 2021: An Infographic September 20, 2022 Discretionary outlays by the federal government totaled $1.6 trillion in 2021, of which $742 billion was for national defense and $895 billion was for nondefense activities.
- Reduce the Department of Defense's Annual BudgetSecond, real defense funding declined by 17 percent between 2012 and 2015 after the Budget Control Act of 2011 was enacted. That law generally capped defense and nondefense discretionary funding. (Those caps, which are no longer in effect, were later raised several times: Between 2016 and 2021, real defense spending rose by 9 percent.)
- Defense Budget - Congressional Budget OfficeSpending for the Department of Defense (DoD) accounts for nearly all of the nation’s defense budget. The funding provided to DoD covers its base budget—which pays for the department’s normal activities—and its contingency operations overseas.
- An Analysis of the Discretionary Spending Proposals in the President’s ...O n March 28, 2022, the Administration submitted its annual set of budgetary proposals to the Congress. 1 In this report, the Congressional Budget Office examines how the discretionary spending proposals c ompare with CBO’s most recent baseline budget projections, which span 2022 to 2032. 2 The agency’s baseline, which reflects the assumption that current laws governing federal spending ...
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