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News from FABBS

Budget Update: House Passes Bill that Combines Short Term Funding with Lifting Debt Limit

September 22, 2021

Congress continues to inch closer to a number of key deadlines in the coming weeks. Most importantly, government funding expires on September 30 and the federal debt limit will be reached sometime in October. If Congress fails to pass appropriations and lift the debt limit, the government will shut down and the Treasury will be unable to meet its financial obligations. 

On September 21, the House of Representatives passed a bill combining short-term

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OSTP Issues Pandemic Preparedness Plan

September 22, 2021

On Sept. 2, the Biden administration released American Pandemic Preparedness: Transforming Our Capabilities, a $65 billion plan – invested over 10 years-  to address future pandemics. The preparedness strategy includes five main pillars: Transforming our Medical Defenses; Ensuring Situational Awareness; Strengthening Public Health Systems; Building Core Capabilities; Managing the Mission. 

The memo credits the speed of

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