Short term FY 2014 spending bill expected to be introduced

While Congress is expected to focus its attention on Syria when it reconvenes today, a short term spending bill is anticipated this week in the House.   The rumored two-month continuing resolution (CR) is reported to be at the discretionary level of $988 billion, the current FY 2013 funding post-sequestration level. The bill is expected to be a simple extension of current funding levels except for a small number of non-significant changes. The funding measure would avert a government shutdown which would begin on October 1, the start of FY 2014, if no funding bill is enacted by that date. It also would postpone fiscal fights until later in the fall when Congress will need to address the debt ceiling and possible efforts to block funding for the Affordable Care Act.

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