The Postal Service would get seven more weeks to pay a $5.5 billion debt to the Treasury under the continuing resolution passed Monday by the Senate. A House version includes the same provision. The bill is due on Friday.
There will not be a government shutdown over the 2011 budget any time soon, but the near shutdown was a fight almost every inch of the way. But some feds are taking a more optimistic view.
Congress narrowly avoided a government shutdown for now. But chances are we will be back to this same place next month, as the continuing resolution passed by Senate on Monday night lasts through Nov. 18. If a shutdown does occur, what should a government contractor do?
The Senate passed a continuing resolution to extend spending six weeks beyond the current fiscal year, ending on Friday. The House plans to vote Monday on the bill which funds government until Nov. 18. But on Nov. 23 is another important budget date — the joint select committee on deficit reduction must submit its recommendations to Congress on ways to reduce $1.2 trillion to $1.5 trillion in cuts over the next decade.
The Senate\'s six-week funding measures includes $2.65 billion for FEMA at the start of the fiscal year, dropping a provision for $1 billion worth of disaster aid that was the root of legislative gridlock. The House must pass a CR before Friday, when funding for the government runs out.
The Senate failed to pass a continuing resolution Friday over an issue that amounts to \"tiddlywinks,\" said Steven Dennis, Senate reporter for CQ Roll Call.
Stan Collender, a federal budget expert and a partner at Qorvis Communications, joined the Federal Drive with Tom Temin and Amy Morris to discuss the twists and turns of the budget negotiations.
Time for lawmakers to pass a continuing resolution is running short as the fiscal year ends Friday. The Senate rejected the House version of CR Friday, and will take up debate on its version Monday afternoon. In the meantime, cuts to GAO and the E-Government Fund are drawing ire from supporters.
The threat of a Oct. 1 government shutdown is closer after the Senate rejected a short-term funding bill passed in the House that would keep government funded beyond the Sept. 30 end of the fiscal year.
Bill Frenzel a global scholar of economics at Brookings Institution, joined the Federal Drive with Tom Temin and Amy Morris to discuss perspective on what\'s happening on the Hill, and whether the government is facing a shutdown.
The House approved a short-term spending measure Thursday after lawmakers rejected a similar bill earlier this week.
David Hawkings, the Editor of CQ Roll Call\'s Daily Briefing, is talks about how much more funding agencies could get and the challenges of getting it into the bill.
Russell Berman, a staff writer with The Hill newspaper, joined the Federal Drive with Tom Temin and Amy Morris to discuss the latest from the halls of Congress.
A six-week continuing resolution did not pass the House in a vote today. The government runs out of funds on Sept. 30 if Congress does not pass a bill. What\'s more, lawmakers face a shortened deadline to sort out 2012 funding — Congress will be in recess all next week.