The 2013 United States federal budget is the budget to fund government operations for the fiscal year 2013, which is October 2012–September 2013. The original spending request was issued by President Barack Obama in February 2012.
How many pages are in the 2013 budget proposal?
On May 16, 2012, the United States Senate voted on a 52-page budget amendment billed as a summary of the nearly 2,000 pages in the Obama administration’s 2013 budget proposal. The amendment was defeated by a unanimous 99–0 vote, which paralleled the House of Representatives having voted a similar rejection in March by a count of 414–0.
How much did the Department of Defense spend in FY 2013?
FY 2013 Discretionary Budget and Actual Spending (in billions) Department Budgeted ( FY 2013 Budget Request ) Spent ( Actual From FY 2015 Budget ) D epartment of Defense $525.4 $495.5 Health and Human Services $71.7 $74.3 Education $69.8 $65.7 Veterans Affairs $61.0 $61.1
What is the Budget Control Act of 2011?
The Budget Control Act of 2011 mandates caps on discretionary spending, which under current law will be lowered beginning in January 2013 to remove $1.2 trillion of spending over the following ten years.
How much will the defense budget be cut in 2013?
The FY2013 defense budget would be reduced 11%, from $525 billion to $472 billion, after already having been cut from $571 billion in the first installment of cuts in the Budget Control Act. Secretary of Defense Leon Panetta initially gave the total cut figure as 23%.
What is the deadline for the federal budget each year?
Technically speaking, there is no specific deadline for the federal budget each year. The fiscal year starts Oct. 1 with or without an approved budget. While the House is supposed to pass all appropriations bills by June 30, after that, there’s no deadline for Congress to submit the final budget to the president.
How much did the government cut in spending authority in 2013?
The reductions in spending authority were approximately $85.4 billion (versus a reduction of $42 billion in actual cash outlays) during fiscal year 2013, with similar cuts for years 2014 until 2021.
