Deciphering FY24 Appropriations, Budget Caps, and Allocations

On Thursday, June 22, 2023, the Senate Appropriations Committee met to vote on its 12 subcommittee funding allocations, marking another step forward in what has been a tense march towards final decisions around U.S. government spending for the 2024 fiscal year (FY24). Subcommittee allocations establish the cap on spending for each of the appropriations bills […]