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5% Budget Cuts to Most Domestic Government Programs for 2024 and 2025.

This bill mandates a 5% reduction in funding for most federal programs determined annually by Congress for fiscal years 2024 and 2025. These cuts apply broadly to domestic spending, excluding defense, homeland security, and veterans' affairs. Citizens may see reduced funding for public services like education, non-veteran healthcare, and environmental protection.
Key points
A mandatory 5% cut is applied to nearly all non-military and non-security discretionary government spending.
The reductions will be in effect for the 2024 and 2025 fiscal years.
Funding for Defense, Homeland Security, and Veterans Affairs programs is specifically protected from these cuts.
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Additional Information
Print number: 118_S_327
Sponsor: Sen. Blackburn, Marsha [R-TN]
Process start date: 2023-02-09