Plan for short term spending measure announced

A deal to fund the federal government from October 1, 2012 through March 1, 2013 under a Continuing Resolution was announced by Senate leadership, House leadership, and President Obama early last week. Although the agreement is still being drafted, it is expected to follow the $1.047 trillion discretionary spending limit agreed to under the Budget Control Act. The deal was announced almost two months before the end of the fiscal year. Congressional leaders have stated they plan to take up the bill in September.

%d bloggers like this: