RFG 2018 Conference

budget

Three-day government shutdown ends with fourth continuing appropriations bill for 2018

U.S. Capitol with flag

The federal government went into a three-day partial shutdown after the Senate rejected a short-term spending agreement that passed in the House to keep agencies funded past January 19. The shutdown ended when both chambers passed and President Donald Trump signed H.R.195 into law on the night of January 22. H.R.195 funds the government at FY 2017 levels through February 8, extends funding for the Children’s Health Insurance Program for six years through FY 2023, and delays the enactment of three health care related taxes.

Senate releases spending bill for Department of the Interior, Environment, and Related Agencies

U.S. Money

The Senate Committee on Appropriations released the fiscal year 2018 appropriations legislation for Department of the Interior, Environment, and Related Agencies, which outlines their proposed budget for the U.S. Geological Survey, Bureau of Ocean Energy Management, and Bureau of Safety and Environmental Enforcement, among other agencies. The appropriations bill totals $32.6 billion in discretionary funding, including $12.17 billion for the Department of the Interior.

Budget resolution requires natural resource committees to find $1 billion in increased revenue

U.S. Money

On October 19, the Senate passed a fiscal year (FY) 2018 budget resolution (H.Con.Res.71) with an amendment in the nature of a substitute (S.Amdt.1116), which sets the stage for passing tax reform legislation. Part of the Senate amendment includes instructions for both the House Committee on Energy and Commerce and the Senate Committee on Energy and Natural Resources to write legislative recommendations by November 13 that would result in $1 billion in new revenue over ten years to offset federal tax cuts.

House and Senate committees approve five appropriations bills for DOE, CJS, and Interior and Environment

U.S. Capitol with flag

The House of Representatives has been moving Fiscal Year (FY) 2018 budget bills out of committee more quickly than the Senate. The full House has passed one bill, for the Department of Defense; no appropriations bills have reached the Senate floor yet. Congress and the President must agree a budget or a Continuing Resolution by September 30 to avoid a government shutdown. More detail on agency budgets is available here.

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