budget bill

Pentagon chief says a six-month temporary budget bill will have devastating effects on the military

Defense Secretary Lloyd Austin says passage of a six-month temporary spending bill would have widespread and devastating effects on the department and the military. He wrote in a letter Sunday to key members of Congress that passing a continuing resolution that caps spending at 2024 levels, rather than taking action on the proposed 2025 budget will hurt thousands of defense programs, and damage military recruiting just as it is beginning to recover after the COVID-19 pandemic. Republican House Speaker Mike Johnson has teed up a vote this week on a bill that would keep the federal government funded for six more months.

The post Pentagon chief says a six-month temporary budget bill will have devastating effects on the military first appeared on Federal News Network.




budget bill

Tax-News.com: Hong Kong Gazettes Tax-Cutting Budget Bill

On March 9 Hong Kong's Inland Revenue Department gazetted the Inland Revenue (Amendment) Bill 2018, containing measures worth HKD30bn (USD3.82bn) announced in the Budget.




budget bill

Tax-News.com: HK's Legislature Passes 2018/19 Budget Bill

Hong Kong's Secretary for Financial Services and the Treasury, James Lau, has welcomed the recent passage of the 2018/19 Budget Bill through the special administrative region's parliament.