$1,000,000,000 goes to the Defense Production Act through September 30, 2027
What the document says“In addition to amounts otherwise available, there is appropriated for fiscal year 2025, out of amounts not otherwise appropriated, $1,000,000,000, to remain available until September 30, 2027, to carry out the Defense Production Act (50 U.S.C. 4501 et seq.).”
The section appropriates $1,000,000,000 for fiscal year 2025, on top of amounts otherwise available, to remain available until September 30, 2027, to carry out the Defense Production Act (50 U.S.C. 4501 et seq.).
What the document actually says“In addition to amounts otherwise available, there is appropriated for fiscal year 2025, out of amounts not otherwise appropriated, $1,000,000,000, to remain available until September 30, 2027, to carry out the Defense Production Act (50 U.S.C. 4501 et seq.).”
One billion dollars is set aside for fiscal year 2025. It is on top of what is already there. It can be spent through September 30, 2027.
The money carries out an older law on defense supply. That law is not indexed here. So what the money may buy is not recorded.
No action is recorded against this proposal. That is not evidence that none has been taken, and nobody has yet read it against the record. See what the tracker does not yet cover.