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Limiting Foreign Military Financing Program Funds for Fiscal Year 2024.

This bill aims to cap the amount of money allocated to foreign military financing programs for other countries in fiscal year 2024. This means the United States will spend less on military aid to allies, potentially impacting global foreign policy and security. The direct impact on the daily lives of US citizens is indirect, through changes in federal spending.
Key points
Sets a maximum of $5.96 billion for foreign military financing programs in 2024.
May affect the scope of military support provided by the US to other nations.
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Additional Information
Print number: 118_HR_2355
Sponsor: Rep. Biggs, Andy [R-AZ-5]
Process start date: 2023-03-29