Tuesday, March 1, 2011

No Govt Shutdown This Week? Okie Dokie But Check Back in Two Weeks

CSM has an update on a temporary measure to avoid the government shutdown this week:  

The Republican-controlled House on Tuesday passed a temporary spending bill that cuts $4 billion out of US appropriations while keeping the government running for another two weeks.

This “continuing resolution” legislation is almost certain to pass the Senate: Senate Democratic leader Harry Reid says he expects his chamber to vote on it within 48 hours. President Obama is likely to sign it, too, even though the White House really would prefer that the kicking-the-can-down-the-road period be lengthened from two weeks to a month.
Below are the details from the House Committee on Appropriations on the "Continuing Resolution" that would keep the US Government running until March 18:
The House Appropriations Committee today unveiled a short term Continuing Resolution (CR) to provide funds to keep the government operating over the next two weeks until a compromise can be reached on a year-long funding bill. The CR, which includes $4 billion in spending reductions, will prevent a government-wide shut down that would occur on March 4th – if no agreement between the House, Senate and White House is reached on a longer-term funding bill.

The CR contains funding to allow all government agencies and programs to continue operating at the current level of spending for the next two weeks, until March 18, 2011, except for several programs that will be terminated or cut.

A statement from Appropriations Chairman Hal Rogers follows:

“A government shutdown would halt critical and necessary services and programs that Americans across the country rely on, and it is not reflective of the kind of leadership that the American people expect or deserve of their representatives in Congress. While I would have greatly preferred that the Senate act on the hard-fought and thoughtfully crafted funding legislation that the House passed last week – which saves the taxpayers $100 billion compared to the President’s request – it is clear that more time is needed. This short term, two week CR will provide more time, while cutting $4 billion in spending as a symbol of our continued commitment to getting our nation’s fiscal house in order.
You can read the summary of the $4 billion in cuts included in the two week, short term CR here.

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