Executive Secretary, Government Relations
January 17, 2014 (Update)
With yesterday's 72-26 Senate vote approving the FY 2014 omnibus appropriations bill, Congressional action is complete on all 12 individual spending bills supporting the Federal agencies until the end of September. The President will sign the measure before the current Continuing Resolution expires Saturday night. The $1.012 trillion bill was negotiated over the past six weeks, based on the work of House and Senate subcommittees during the year and made possible by the Ryan-Murray budget agreement in late December which established new discretionary budget spending amounts for fiscal years 2014 and 2015. The bill restores about $20 billion of domestic funding cut by last spring's sequestration and sets defense spending at $492 billion and and non-defense at $520 billion. When measured in inflation adjusted real dollars, 2014 funding is essentially the same as in the last year of the Bush administration six years ago. Congress is in recess for the next week and will return for the State of the Union on January 28 and the start of the next apppropriations cycle. The next looming negotiation will start soon on the coming debt ceiling increase which will be needed by mid-Febraury according to Treasury Secretary Jack Lew speaking in Congress yesterday.
January 15, 2014
The $1 trillion omnibus appropriations bill for Fiscal 2014, has just passed the House by a very strong vote of 359-67 with broad support from both parties. Next the Senate will take up the bill, most likely on Friday. Earlier today, both the House and Senate passed a three-day Continuing Resolution extending tonight’s funding deadline for federal agencies until midnight Saturday, by which time the omnibus should have passed the Senate and been signed into law covering the agencies for the rest of the fiscal year.