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-termread more
White House Publishes FY 2023 Budget Memo
On August 27, the White House released a Memorandum on R&D Priorities for the FY 2023 Budget providing guidance to federal agencies as they develop budget requests. The memo listed pandemic readiness and prevention, climate and energy, emerging technology, equity in STEM, and national security and resilience. This is an important piece of the budget development process as federal agencies submit proposals to the Office of Management and Budget (OMB), and analysts work with federal agenciesread more
Congress Debates Spending Priorities
September 8, 2021
September will be a busy and complicated month on Capitol Hill as Congressional leaders push to meet key deadlines on major spending legislation amid intraparty disagreements over the size and scope of those plans.
Key to watch for FABBS members is the status of Fiscal Year 2022 appropriations. Federal funding expires at the end of September, and Congress is increasingly likely to pass a stopgap continuing resolution (CR) to avoid a government shutdown. CRs disrupt theread more
Federal Budget Process Shows Promising Signs for Research Funding
July 15, 2021
While attention in Congress remains focused on major infrastructure spending proposals, the annual appropriations process continues to move forward, with encouraging signs for federal research investment. On July 13, the House Appropriations Subcommittees considered spending bills that include the Institute of Education Sciences (IES), the National Institutes of Health (NIH), and the National Science Foundation (NSF). The full Committee meets to consider the legislation on Julyread more