The White House today sent President Obama’s FY16 budget request to Congress beginning the annual budget and appropriations process to set spending for the federal fiscal year that begins on October 1. Unlike in the recent past, the President’s budget arrived to Capitol Hill on time this year. Overall, the budget proposes eliminating sequestration and boosting total discretionary spending levels by 7 percent. Among the initiatives that the budget supports are many of the priorities that the President announced in his State of Read more about Federal Update: President's FY16 Budget Request
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.
Following a five-week summer recess, the Congress returned to Washington yesterday for a short work period with adjournment in both houses expected no later than September 23. The congressional agenda will be limited to a temporary spending bill and, with control of the Senate to be decided in November, a number of political messaging bills important to House and Senate leaders but with little chance of consideration in the other chamber. The temporary spending bill, or continuing resolution (CR), is the only time sensitive, must-do item, as the 2015 Fiscal Year begins on October 1 Read more about House and Senate Expected to Move Temporary Funding Bill, Little Else Before Breaking for Campaign Stretch
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.
DOE Awards $100 Million for Innovative Energy Research, Harvard One of Grant Recipients
The Department of Energy recently announced the awarding of $100 million for Energy Frontier Research Centers (EFRCs) meant to accelerate scientific breakthroughs needed to build a 21st-century energy economy.
The House of Representatives adopted a FY15 budget today on a 219-205 party line vote. Budget resolutions set overall spending caps to guide the appropriations process. Since overall caps for FY15 were previously agreed to in the December 2013 budget deal that softened the impact of the sequester for two years, a new budget is unnecessary for appropriators to begin their deliberations and the Senate has no intention of taking the House-passed budget or crafting an alternative Read more about Ryan Budget Passes House, Senate Will Not Consider, but FY15 Appropriations Move Forward
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. Yet Read more about President's FY15 Budget Released