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President Biden Signs FY23 Appropriations Bill Into Law

President Biden signed the FY23 appropriations bill right before the end of the year to fund the government and its agencies through the 2023 fiscal year.

The bill includes $772.5 billion in nondefense spending ($42.5 billion more than FY22) and $858 billion in defense spending ($76 billion more than last year). The bill also includes $1.8 billion in new funding to implement the bipartisan CHIPS and Science Act of 2022. In a previous blog (linked here) we highlight other final numbers including the Pell Grant increase, ARPA-H, etc.

The final FY23 numbers can be found on our appropriations tracker linked here. We will continue to update these numbers as final calculations come in.