The Senate last night, in a bipartisan 78-22 vote, passed a 10-week continuing resolution (CR) that funds the government through December 11. The House approved the same measure earlier in the week. In addition to keeping the government up and running at close to current levels for the October 1 start of the 2015 Fiscal Year, the measure also includes provisions to temporarily fund the training and equipping of Syrian rebels and keep the Export-Import Bank open through June 2015. Read more about House and Senate Pass CR, Measure Advances to President
The House and Senate adjourned late last week for their annual August recess, leaving no shortage of legislative to-do items to address later in the year. With Congress’s summer work period now over, we wanted to provide a brief overview of the post-August landscape as well as a quick review of the current status of issues of interest to the University.
The White House submitted the President’s FY15 Budget Request to Congress today, marking the official start to the budget and appropriations process for the fiscal year beginning on October 1. Though non-binding on the Congress, the President’s budget outlines the Administration’s policy and spending priorities for the coming year and serves as a starting point from which lawmakers develop spending plans and potentially a longer budget blueprint. Unique to this year, the President’s request was not submitted in full, and many of its specific details will not be known until next week. Read more about President's FY15 Budget Released
Last night, Congress was unable to reach an agreement on continuing funding for the federal government into the next fiscal year forcing a government shutdown today. While federal agency staff will work this morning to shut down all but the essential activities of their agencies, Congress will meet again later this morning but with no clear path to resolve this matter. Read more about Impasse Forces Federal Shutdown
After weeks of dueling press conferences, Washington policymakers worked through the weekend on a deal to reopen the federal government and increase the federal debt limit. In recent days, Senate leaders have moved into the lead on the negotiations and outlines of a potential deal have begun to emerge. The focus today is on how House Republicans will react and how quickly any deal can move through the Congress to the President. Read more about Steps Toward a Deal on Federal Shutdown and Debt Limit