By that year, the sector will suffer a 75 percent
decline in federal spending, from a high of $ 44.3 billion in 2009 to only $ 11 billion in 2014.
Not exact matches
What is interesting is that the total annual lapse
in federal direct program
spending has been
declining for some time.
The
federal government has promised to keep 68,000 full - time military members and 27,000 reservists
in uniform, despite
declines in defence
spending and the closure of 12 military recruiting centres across the country
in 2013.
According to the Main Estimates, tabled by the President of the Treasury Board, on June 3rd, along with Supplementary Estimates A,
spending by the
federal government for 2011 - 12 is forecast to be $ 252.8 billion representing a
DECLINE of $ 14.1 billion from
spending in 2010 - 11.
The flat reading for public construction
spending was due
in part to
Federal construction
spending rising by 2.2 % to the highest value seen since September 2011, which worked to offset the 0.3 %
decline in state and local
spending.
The U.S. Supreme Court
declined to hear Nassau County's appeal of a
federal court ruling upholding a $ 43 million judgment won by two men who — after
spending years
in prison — were exonerated
in the 1984 rape and murder of a Lynbrook teenager.
The Trump administration escalated a battle with government ethics groups by
declining, even
in the face of a
federal court order, to release a comprehensive list of individuals visiting with the president at Mar - a-Lago during the two dozen days he
spent there this year.
Testimony includes: recommendations for the 2014 - 2015 state fiscal year; review of actual and proposed reductions
in human services
spending; use of
federal Temporary Assistance for Needy Families (TANF) funding
in the 2014 - 2015 Executive Budget; and, the impact of
decline in the purchasing power of the monthly cash assistance grant.
Observe, for instance, that while discretionary
spending was
declining from 38.1 percent to 30.9 percent of the
federal budget
in the Obama years, mandatory
spending grew from 53.5 percent to 62.9 percent, according to White House Office of Management and Budget data.
In contrast, the combined value of all non-mandatory (discretionary)
spending — a category that includes R&D — has
declined as a percentage of the overall
federal budget.
Despite a recent budget proposal from the Obama administration to increase
spending on
federal R&D by 7 % next year, dollars flowing to research have largely been flat
in recent years, and
declining when inflation is taken into account.
This strategy would obviously not address the problem of
declining state support, and significant new
federal support could
in fact make it easier for states to reduce their
spending.
A
federal «maintenance of effort» (MOE) requirement
in the Individuals With Disabilities Act (IDEA, the
federal special - education law) that handcuffs states and districts by requiring that special - ed
spending never
decline from one year to the next.
When
federal stimulus dollars were added, overall real
spending per pupil still
declined in 23 states.
This influx of funds, together with
declines in state and local
spending during the Great Recession, drove an increase
in the
federal share to around 13 percent through 2011 - 12.
Despite robust growth and recent improvements
in price and performance, a boom
in US clean energy technology («clean tech») sectors could now falter as
federal clean energy
spending declines sharply, according to a new report published today by some of the country's top energy analysts.
However, economic growth will remain constrained by various headwinds, such as a potential spike
in oil prices due to tension
in the Middle East; an expected
decline in net exports from the global slowdown; and an expected increase
in fiscal drag, including the fading of
federal spending from the stimulus and a
decline in defense
spending for operations
in Iraq and Afghanistan.»
Under present law,
in 2013 the 2001/2003 tax cuts expire, the payroll tax cut expires, extended unemployment benefits end, and
federal government
spending levels
decline due to last summer's Budget Control Act.
In addition,
federal government
spending also recorded a significant (5.6 %)
decline.