Temporary Budget Deal

Temporary Budget Deal
At a meeting in the White House, legislative leaders and President Trump have agreed to extend funding the government with a Continuing Resolution (CR) that will raise the debt ceiling through December 15, 2017. The provisions implementing the agreement will be attached to a relief package to cover the cost of Hurricane Harvey that devastated large portions of Southeast Texas (H.R.601). The agreement does NOT address automatic spending caps for the FY 2018 Defense budget (see story below). These mandated punitive cuts in Defense spending need to be eliminated or significantly modified. The bill passed the House with only the hurricane relief provisions. The additional provisions were added to the bill in the Senate. The House is expected to approve the Senate amendments next week. If the House approves the amended bill, it will be sent to President Trump to be signed into law.

Disclaimer: The opinions expressed within this article are the views of the writer and do not necessarily reflect the views and opinions of FRA.

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