What’s in the $1.2 Trillion Government Funding Package

The Republicans and Democrats each got policy victories in the second tranche of appropriations legislation.

In the wee hours of March 21, the text of the second appropriations bill—totaling $1.2 trillion—to fund most of the U.S. government was unveiled.

The second tranche of spending legislation covers 70 percent of the federal government. This includes the Defense, Treasury, Homeland Security, Labor, Health and Human Services (HHS), Education, and State departments.

If Congress does not pass the bill by March 23, a partial government shutdown will occur.

Here’s how the bill breaks down.

Defense Department

The Pentagon would get $825 billion in total.

It includes a 5.2 percent increase in basic pay for members of the military—the largest basic pay increase in two decades.

It allocates $92 million more than requested by the Biden administration to improve U.S. Indo-Pacific Command’s deterrence amid the threat from China. There is $108 billion allocated for U.S. security cooperation with Taiwan and $300 million for the Ukraine Security Assistance Initiative, which consists of training, equipment, and other means to aid Ukraine.

However, direct funding for Ukraine and Taiwan is not in the spending bill as Congress is stuck trying to pass a supplemental assistance package for Taipei and Kyiv as Republicans have called for stringent border measures in exchange. The GOP blocked a Senate bill that consisted of assistance for Ukraine and the Indo-Pacific, including Taiwan, and some specific border security measures.

The annual $3.3 billion for Israel is in the bill, as has been the case for the past several years.

The bill consists of $343 million—$100 million more than requested by the White House—for the Pentagon’s usage of artificial intelligence.

Treasury Department

The bill allocates $1.8 billion to the Treasury Department, minus the IRS, which would get $12.3 billion.

The Treasury Department would get $22.9 million less than in the 2023 fiscal year, although its Office of Terrorism and Financial Intelligence would get $226.9 million, $10.8 million more than it got in the 2023 fiscal year.

By Jackson Richman

Read Full Article on TheEpochTimes.com

The Epoch Times
The Epoch Timeshttps://www.theepochtimes.com/
Tired of biased news? The Epoch Times is truthful, factual news that other media outlets don't report. No spin. No agenda. Just honest journalism like it used to be.

Columns

9 Things to Know About UK Supreme Court Ruling on Sex, Gender

Britain’s highest court has ruled that the words “woman” and “sex” refer to “a biological woman and biological sex,” in a landmark decision.

Was Pope Francis the Worst Pope Ever?

It has been said the recently passed 266th Pope...

LGBTQ™ Roundup: Groomers Gone Wild, Pt. II

Trans activist gets triggered by BBC reporter telling him he can't use women’s toilets, according to UK Supreme Court ruling on the legal definition of women.

In Trade War, China’s Chokehold on US Medicine Moves Into Spotlight

China’s iron grip on supply of critical drug ingredients has been years in the making, driven by Beijing’s strategic plan to dominate the pharma industry

College Football’s Spring rite

The Blue-White game, with the antiquated press box and a large section of the west stands now history and under renovation, marches on, but for how long?

News

Judge Blocks Trump Admin Effort to Remove DEI From Public Schools

Before deadline for states to certify DEI programs have ended in public schools, a federal court halted Trump admin’s requirement, siding with NEA teachers’ union.

Trump’s Agenda Faces Pushback Amid Legal Battles

Trump faces onslaught of challenges to his agenda, some reaching the nation’s highest court and could ultimately shape US legal landscape.

Texas Governor Signs ‘Texas DOGE’ Into Law to Cut Regulations, Boost Government Efficiency

Texas Gov. Abbott signed Regulatory Reform and Efficiency Act to streamline govt processes and reduce regulatory burden on businesses and residents.

Federal Judge Blocks Trump’s Directive to Require Proof of Citizenship for Voter Registration

A judge on April 24 blocked President Trump’s ordering that officials require people provide proof of U.S. citizenship in order to register to vote.

24-Year-Old Highland Park Shooter Sentenced to Life In Prison

A man who shot and killed a slew of people at a 2022 Fourth of July parade north of Chicago was sentenced to life in prison without possibility of parole.

Man Charged With Arson in New Jersey Pine Barrens Fire, Officials Say

Authorities have charged a man with arson for allegedly sparking a large fire currently ongoing in the New Jersey Pine Barrens area.

Trump Admin Asks Supreme Court to Allow Prohibition on Troops With Gender Dysphoria

Trump admin is asking Supreme Court to halt federal judge’s order preventing it from implementing policy disqualifying individuals with gender dysphoria.

New Mexico Supreme Court Bans Former Judge From Exercising Judicial Authority

NM Supreme Court barred former judge from exercising judicial authority in future amid reports alleged TdA gang member was arrested living on his property.
spot_img

Related Articles