The 2012 United States federal budget was the budget to fund government operations for the fiscal year 2012, which lasted from October 1, 2011, through September 30, 2012. The original spending reques
In response to Republican victories in the 2010 Congressional elections, President Barack Obama's administration aimed to reduce annual deficits to more sustainable levels while increasing support in specific areas to foster long-term economic growth in its FY2012 budget proposal.
Representative Paul Ryan played a prominent role in drafting and promoting the House Republican proposal for FY2012, The Path to Prosperity. The proposal, often called "the Ryan Plan", has been often referenced by candidates during the 2012 presidential election.
Negotiations throughout July 2011 eventually reached a deal to pass the Budget Control Act, which resolved the United States debt-ceiling crisis in return for significant budget cuts over the following ten years. Pictured is a July 13 negotiation session involving President Barack Obama and Congressional leaders Eric Cantor, Nancy Pelosi, John Boehner, Harry Reid, and Mitch McConnell.
The extent of damage caused by Hurricane Irene raised fears that the Federal Emergency Management Agency would run out of funds before the end of FY2011, setting off a debate that threatened to cause a government shutdown in October 2011.
The 2013 United States federal budget is the budget to fund government operations for the fiscal year 2013, which began on October 1, 2012, and ended on September 30, 2013. The original spending reque
2012 United States federal budget
…16.65 Trillion (requested) 105.3% of GDP $16.05 Trillion (actual) 100.2% of GDP GDP $16.026 trillion Website US Government Publishing Office ‹ 2011 2013› The 2012 United States federal budget was the budget to fund government operations for the fiscal year 2012, which lasted from October 1, 2011, through…
Secretary of Defense Leon Panetta, pictured here with Chairman of the Joint Chiefs of Staff Mike Mullen, estimated that the Budget Control Act would reduce the base military budget by 23% from the funding levels expected by the Defense Department.
Patty Murray official portrait
Jeb Hensarling, Official Portrait, 112th Congress