With midterm elections just over a month away, Congress averted another government shutdown on Wednesday by the House of Representatives passing 12 appropriations bills and sending the legislation to the president. The Department of Defense and Labor, Health and Human Services, and Education Appropriations Act of 2019 provides nearly $71.5 billion to the Department of Education, which is a $581 increase from the fiscal year 2018.
The first section of the FY 2019 budget to pass included funding for energy and water, the legislature, military construction and veterans’ affairs. While the year-over-year growth was not as strong for most initiatives as from FY 2017 into FY 2018, the average gain within the Department of Energy was about three percent.
Sending humans back to the moon won't require a big Apollo-style budget boost, NASA Administrator Jim Bridenstine said. During the height of the Apollo program in the mid-1960s, NASA gobbled up about 4.5 percent of the federal budget. This massive influx of resources helped the space agency make good on President John F.
China’s complaints about the act come as the world’s two biggest economies engage in an increasingly bitter fight over trade, levying tariffs on each others’ products. U.S. President Donald Trump signed a $716-billion defense policy act on Monday that authorizes military spending and waters down controls on U.S. government contracts with China’s ZTE Corp and Huawei Technologies Co Ltd .
On July 31, OMB Director Mike Mulvaney distributed a memo outlining eight priority R&D subjects and five practices for leveraging R&D resources more effectively. The White House intends for the memo to serve as guidance in the development of budget submissions from the executive departments and agencies for FY 2020.
The Senate voted through a $145 billion spending bill on a margin of 86-5 on Monday, with provisions to fund the Energy Department in the 2019 budget year. The legislation keeps spending level or slightly increases funds for programs offered through the Office of Energy Efficiency and Renewable Energy, as well as the Energy Information Agency. The Advanced Research Projects Agency-Energy received $375 million, the most since its creation.
In April, the Congressional Budget Office reported the U.S. annual budget deficit will reach $1 trillion by 2020. That’s a troubling trajectory, but no one in Washington seems to care enough to stop spending money. I only see one answer. Washington needs to spend more money. Spending in one area now might actually help avert a fiscal apocalypse later.
The appropriations bill gives NASA $20.736 billion for the 2018 fiscal year, which started more than five and a half months ago. That is more than $1.6 billion above the administration’s original request of $19.092 billion. A House appropriations bill offered NASA $19.872 billion and its Senate counterpart $19.529 billion. An overarching two-year budget deal reached earlier this year raised spending caps for both defense and non-defense programs, freeing up additional funding.
Within the Department of Energy, every program will see at least a 10 percent increase in their budget. And advanced computing and fusion power research--a long-promised and oft-overhyped form of nuclear energy--get an extra raise. At this moment, 35 countries are collaborating on ITER, an experimental magnetic fusion device in southern France, and with this bill the US increased its investment to $122 million.
After teasing a potential veto of the colossal $1.3 trillion omnibus, President Donald Trump signed the spending bill into law Friday, touting it as a "matter of national security." "We had no choice but to fund our military because we have to have by far the strongest military in the world," Trump said during an impromptu White House press event. "You see the players out there, and you see what we are dealing with."