Quick Hits - What it Means
Director Mulvaney (top) and Speaker Ryan (bottom) have all been working to ensure the government stays functioning. McConnell is confident the stopgap bill will provide short-term relief.
What you need to know…
The dynamic for FY17 defense spending to finally be approved is moving from a question of “when” to a question of “how much.” While negotiations are ongoing, a short-term extension of the CR from 28 April until 5 May appears both imminent and favorable, according to McConnell. The once-dead FY17 supplemental ($30B) has been resurrected, albeit at a still undetermined reduced level. Details for Affordable Care Act (ACA) and DHS funding are the final elements to be stamped out, and should be agreed in a compromise next week. Congress has been clear – “nobody wins in a shutdown.” In this situation, delaying a few more days is a promising development. More to follow as it unfolds.
Senator Thad Cochran (left) said in a press release this week, “We’ve made substantial progress on an agreement to complete the 2017 appropriations process. Let’s pass this new continuing resolution, and make good use of this extra time to enact overdue legislation to provide for national defense and meet our country’s needs.” Also pictured on the right is Senator Chuck Schumer (D-NY).