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The Department of Defense accounts for the majority of federal discretionary spending. In FY 2017, the Department of Defense budgeted spending accounted for 15% of the U.S. federal budget, and 49% of federal [[discretionary spending]], which represents funds not accounted for by pre-existing obligations. However, this does not include many military-related items that are outside the Department of Defense budget, such as nuclear weapons research, maintenance, cleanup, and production, which is in the Department of Energy budget, Veterans Affairs, the Treasury Department's payments in pensions to military retirees and widows and their families, interest on debt incurred in past wars, or State Department financing of foreign arms sales and militarily-related development assistance. Neither does it include defense spending that is not military, such as the Department of Homeland Security, counter-terrorism spending by the FBI, and intelligence-gathering spending by the NSA. | The Department of Defense accounts for the majority of federal discretionary spending. In FY 2017, the Department of Defense budgeted spending accounted for 15% of the U.S. federal budget, and 49% of federal [[discretionary spending]], which represents funds not accounted for by pre-existing obligations. However, this does not include many military-related items that are outside the Department of Defense budget, such as nuclear weapons research, maintenance, cleanup, and production, which is in the Department of Energy budget, Veterans Affairs, the Treasury Department's payments in pensions to military retirees and widows and their families, interest on debt incurred in past wars, or State Department financing of foreign arms sales and militarily-related development assistance. Neither does it include defense spending that is not military, such as the Department of Homeland Security, counter-terrorism spending by the FBI, and intelligence-gathering spending by the NSA. | ||
In the [[2010 United States federal budget]], the Department of Defense was allocated a base budget of $533.7 billion, with a further $75.5 billion adjustment in respect of 2009, and $130 billion for overseas contingencies.<ref>{{cite web|url=http://www.gpoaccess.gov/usbudget/fy10/pdf/fy10-newera.pdf |title=United States Federal Budget for Fiscal Year 2010 (''vid.'' p.53) |publisher=[[United States Government Printing Office|Government Printing Office]] |access-date=January 9, 2010|url-status=dead|archive-url=https://web.archive.org/web/20110205005029/http://www.gpoaccess.gov/usbudget/fy10/pdf/fy10-newera.pdf |archive-date=February 5, 2011}}</ref> The subsequent 2010 Department of Defense Financial Report shows the total budgetary resources for | In the [[2010 United States federal budget]], the Department of Defense was allocated a base budget of $533.7 billion, with a further $75.5 billion adjustment in respect of 2009, and $130 billion for overseas contingencies.<ref>{{cite web|url=http://www.gpoaccess.gov/usbudget/fy10/pdf/fy10-newera.pdf |title=United States Federal Budget for Fiscal Year 2010 (''vid.'' p.53) |publisher=[[United States Government Printing Office|Government Printing Office]] |access-date=January 9, 2010|url-status=dead|archive-url=https://web.archive.org/web/20110205005029/http://www.gpoaccess.gov/usbudget/fy10/pdf/fy10-newera.pdf |archive-date=February 5, 2011}}</ref> The subsequent 2010 Department of Defense Financial Report shows the total budgetary resources for fiscal year 2010 were $1.2 trillion.<ref name="DoD FR 25">{{cite web|url=http://comptroller.defense.gov/cfs/fy2010/01_DoD_Agency-Wide/Fiscal_Year_2010_DoD_Agencywide_Agency%20Financial%20Report.pdf |title=FY 2010 DoD Agencywide Agency Financial Report (''vid.'' p.25) |publisher=US Department of Defense |access-date=January 7, 2011|url-status=dead|archive-url=https://web.archive.org/web/20101214071610/http://comptroller.defense.gov/cfs/fy2010/01_DoD_Agency-Wide/Fiscal_Year_2010_DoD_Agencywide_Agency%20Financial%20Report.pdf |archive-date=December 14, 2010}}</ref> Of these resources, $1.1 trillion were obligated and $994 billion were disbursed, with the remaining resources relating to multi-year modernization projects requiring additional time to procure.<ref name="DoD FR 25" /> After over a decade of [[US military expenditure#GAO audits|non-compliance]], [[United States Congress|Congress]] has established a deadline of [[Fiscal year]] 2017 for the Department of Defense to achieve [[Audit#Accounting|audit readiness]].<ref>{{cite web |url=http://comptroller.defense.gov/Portals/45/documents/fiar/FIAR_Plan_May_2011.pdf |title=Financial Improvement and Audit Readiness (FIAR) Plan Status Report |publisher=[[Under Secretary of Defense (Comptroller)|Comptroller, Department of Defense]] |access-date=September 16, 2016 |archive-date=April 29, 2021|archive-url=https://web.archive.org/web/20210429225208/https://comptroller.defense.gov/Portals/45/documents/fiar/FIAR_Plan_May_2011.pdf |url-status=dead}}</ref> | ||
In 2015 the allocation for the Department of Defense was $585 billion,<ref>{{cite web |title=Current & Future Defense Capabilities of the U.S. |url=http://online.utep.edu/resources/webinars-and-infographics/current-future-defense-capabilities-of-the-u-s/ |website=UTEP |access-date=August 18, 2015 |archive-url=https://web.archive.org/web/20150802225421/http://online.utep.edu/resources/webinars-and-infographics/current-future-defense-capabilities-of-the-u-s/ |archive-date=August 2, 2015 |url-status=dead }}</ref> the [[Military budget of the United States|highest level of budgetary resources]] among all federal agencies, and this amounts to more than one-half of the annual federal expenditures in the United States federal budget [[Discretionary spending|discretionary budget]].<ref>{{cite web |title=Federal Spending: Where Does the Money Go|url=https://www.nationalpriorities.org/budget-basics/federal-budget-101/spending/ |website=National Priorities Project |access-date=August 18, 2015 |archive-date=August 14, 2015|archive-url=https://web.archive.org/web/20150814004718/https://www.nationalpriorities.org/budget-basics/federal-budget-101/spending/ |url-status=live }}</ref> | In 2015 the allocation for the Department of Defense was $585 billion,<ref>{{cite web |title=Current & Future Defense Capabilities of the U.S. |url=http://online.utep.edu/resources/webinars-and-infographics/current-future-defense-capabilities-of-the-u-s/ |website=UTEP |access-date=August 18, 2015 |archive-url=https://web.archive.org/web/20150802225421/http://online.utep.edu/resources/webinars-and-infographics/current-future-defense-capabilities-of-the-u-s/ |archive-date=August 2, 2015 |url-status=dead }}</ref> the [[Military budget of the United States|highest level of budgetary resources]] among all federal agencies, and this amounts to more than one-half of the annual federal expenditures in the United States federal budget [[Discretionary spending|discretionary budget]].<ref>{{cite web |title=Federal Spending: Where Does the Money Go|url=https://www.nationalpriorities.org/budget-basics/federal-budget-101/spending/ |website=National Priorities Project |access-date=August 18, 2015 |archive-date=August 14, 2015|archive-url=https://web.archive.org/web/20150814004718/https://www.nationalpriorities.org/budget-basics/federal-budget-101/spending/ |url-status=live }}</ref> | ||
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=== FY2024 === | === FY2024 === | ||
As of 10 March 2023 the | As of 10 March 2023 the fiscal year 2024 (FY2024) presidential budget request was $842{{nbsp}}billion.{{efn|name="FY2024Agreement" |The Senate agreed to the debt ceiling arrangement for 2023–2025 on 2 June 2023.<ref name="ppbe24">Ashley Roque [https://breakingdefense.com/2023/03/white-house-requests-842-billion-to-fund-pentagon-in-2024/ (10 March 2023) White House requests $842 billion to fund Pentagon in 2024] PPBE "request to Congress includes $6{{nbsp}}billion to support Ukraine, NATO, and other European partner states, and $9.1{{nbsp}}billion for DoD's Pacific Deterrence Initiative".</ref><ref name="debtCeilingFix2Year">Nicola Slawson [https://www.theguardian.com/us-news/2023/jun/02/first-thing-us-debt-ceiling-deal-passes-senate-averting-catastrophic-federal-default (2 Jun 2023) First Thing: US debt ceiling deal passes Senate, averting catastrophic federal default ]</ref> }} In January 2023 Treasury Secretary [[Janet Yellen]] announced the US government would hit its $31.4{{nbsp}}trillion [[debt ceiling]] on 19 January 2023;<ref name="31teraUSD">{{Cite news |last1=Morgan |first1=David |last2=Lawder |first2=David |date=2023-01-20 |title=U.S. hits debt ceiling as partisan standoff sparks economic worries |language=en |work=Reuters |url=https://www.reuters.com/world/us/us-govt-touches-debt-limit-amid-standoff-between-republicans-democrats-2023-01-19/ |access-date=2023-08-18}}</ref> the date on which the US government would no longer be able to use [[United States debt ceiling#Extraordinary measures|extraordinary measures]] such as issuance of [[Treasury securities]] is estimated to be in June 2023.<ref name="yellen">Victor Reklaitis [https://www.marketwatch.com/story/u-s-to-hit-debt-limit-thursday-heres-what-it-means-11673983940 (17 January 2023) U.S. to hit debt limit Thursday: Here's what that means] | ||
*Committee for a Responsible Federal Budget [https://www.crfb.org/papers/qa-everything-you-should-know-about-debt-ceiling (28 Oct 2022) Q&A: Everything You Should Know About the Debt Ceiling] | *Committee for a Responsible Federal Budget [https://www.crfb.org/papers/qa-everything-you-should-know-about-debt-ceiling (28 Oct 2022) Q&A: Everything You Should Know About the Debt Ceiling] | ||
*Stephen Collinson [https://www.cnn.com/2023/01/18/politics/biden-ukraine-new-tipping-point/index.html (18 Jan 2023) Russia's war in Ukraine reaches a critical moment] in [[power projection]] in light of the [[2022 Russian invasion of Ukraine]]</ref> On 3 June 2023, the debt ceiling was suspended until 2025.<ref name="dorn">{{Cite web |last=Dorn |first=Sara |title=Biden Signs Debt Ceiling Bill Into Law—Lifts Borrowing Limit Until 2025 |url=https://www.forbes.com/sites/saradorn/2023/06/03/biden-signs-debt-ceiling-bill-into-law-lifts-borrowing-limit-until-2025/ |access-date=2023-06-06 |website=Forbes |language=en}} [[Fiscal Responsibility Act of 2023]]</ref> The $886{{nbsp}}billion [[2024 NDAA|National Defense Authorization Act]] is facing reconciliation of the [[United States House of Representatives|House]] and [[United States Senate|Senate]] bills after passing both houses 27 July 2023; the conferees have to be chosen, next.<ref name="facingReconcil2023">{{Cite web |last=Katz |first=Justin |date=2023-07-28 |title=Ducking the culture wars, Senate passes NDAA 86–11 |url=https://breakingdefense.sites.breakingmedia.com/2023/07/ducking-the-culture-wars-senate-passes-ndaa-86-11/ |access-date=2023-08-17 |website=Breaking Defense |language=en-US}}</ref><ref name="ndaa2023">{{Cite web |last1=O'Brien |first1=Connor |last2=Gould |first2=Joe |date=2023-07-02 |title=The Pentagon policy bill's next big stumbling block: Kevin McCarthy |url=https://www.politico.com/news/2023/07/02/pentagon-policy-ndaa-kevin-mccarthy-00104466 |access-date=2023-08-17 |website=[[Politico]] |language=en}}</ref><ref name="harris2023">{{Cite web |last=Harris |first=Bryant |date=2023-06-23 |title=Senate defense bill pushes for spending over debt ceiling cap |url=https://www.defensenews.com/congress/budget/2023/06/23/senate-defense-bill-pushes-for-spending-over-debt-ceiling-cap/ |access-date=2023-08-17 |website=Defense News |language=en}}</ref> As of September 2023, a [[Continuing resolution]] is needed to prevent a [[Government shutdowns in the United States|Government shutdown]].<ref name= 2023ShutdownThreat >Bryant Harris [https://www.defensenews.com/congress/2023/09/13/freedom-caucus-derails-pentagon-spending-bill-foreshadowing-shutdown/ (13 Sep 2023) Freedom Caucus derails Pentagon spending bill, foreshadowing shutdown] 30 Sep 2023 is looming date for shutdown. | *Stephen Collinson [https://www.cnn.com/2023/01/18/politics/biden-ukraine-new-tipping-point/index.html (18 Jan 2023) Russia's war in Ukraine reaches a critical moment] in [[power projection]] in light of the [[2022 Russian invasion of Ukraine]]</ref> On 3 June 2023, the debt ceiling was suspended until 2025.<ref name="dorn">{{Cite web |last=Dorn |first=Sara |title=Biden Signs Debt Ceiling Bill Into Law—Lifts Borrowing Limit Until 2025 |url=https://www.forbes.com/sites/saradorn/2023/06/03/biden-signs-debt-ceiling-bill-into-law-lifts-borrowing-limit-until-2025/ |access-date=2023-06-06 |website=Forbes |language=en}} [[Fiscal Responsibility Act of 2023]]</ref> The $886{{nbsp}}billion [[2024 NDAA|National Defense Authorization Act]] is facing reconciliation of the [[United States House of Representatives|House]] and [[United States Senate|Senate]] bills after passing both houses 27 July 2023; the conferees have to be chosen, next.<ref name="facingReconcil2023">{{Cite web |last=Katz |first=Justin |date=2023-07-28 |title=Ducking the culture wars, Senate passes NDAA 86–11 |url=https://breakingdefense.sites.breakingmedia.com/2023/07/ducking-the-culture-wars-senate-passes-ndaa-86-11/ |access-date=2023-08-17 |website=Breaking Defense |language=en-US}}</ref><ref name="ndaa2023">{{Cite web |last1=O'Brien |first1=Connor |last2=Gould |first2=Joe |date=2023-07-02 |title=The Pentagon policy bill's next big stumbling block: Kevin McCarthy |url=https://www.politico.com/news/2023/07/02/pentagon-policy-ndaa-kevin-mccarthy-00104466 |access-date=2023-08-17 |website=[[Politico]] |language=en}}</ref><ref name="harris2023">{{Cite web |last=Harris |first=Bryant |date=2023-06-23 |title=Senate defense bill pushes for spending over debt ceiling cap |url=https://www.defensenews.com/congress/budget/2023/06/23/senate-defense-bill-pushes-for-spending-over-debt-ceiling-cap/ |access-date=2023-08-17 |website=Defense News |language=en}}</ref> As of September 2023, a [[Continuing resolution]] is needed to prevent a [[Government shutdowns in the United States|Government shutdown]].<ref name= 2023ShutdownThreat >Bryant Harris [https://www.defensenews.com/congress/2023/09/13/freedom-caucus-derails-pentagon-spending-bill-foreshadowing-shutdown/ (13 Sep 2023) Freedom Caucus derails Pentagon spending bill, foreshadowing shutdown] 30 Sep 2023 is looming date for shutdown. |
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