Update on Fiscal Year 2018 Funding

It appears that a fall shutdown, and a default, have likely been averted.

Seal of the U.S. House of Representatives
Seal of the U.S. House of Representatives

Earlier today, the U.S. House of Representatives passed a bipartisan measure (H. Res. 502) by a vote of 419-3 to provide approximately $8 billion to the Federal Emergency Management Agency (FEMA) and the Small Business Administration for Hurricane Harvey emergency recovery efforts. The U.S. Senate, with White House support, is expected to act upon this disaster funding measure shortly, with the addition of a three-month Continuing Resolution (CR) to avert a shutdown on October 1st, and to temporarily extend the nation’s debt limit to avoid a default in the coming weeks. The three-month CR is expected to allow federal agencies to operate through December 15th. This agreement punts longer-term fiscal year 2018 agency spending decisions and an increase in the nation’s debt limit to mid-December.

While it appears that a fall shutdown, and a default, have likely been averted, federal agencies and employees are again operating solely under a short-term fix, with major spending decisions needing to be addressed almost immediately. As we all know well, this is no way to run our government.

I will keep you updated on further developments as they emerge.

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