Updates From the Hill
A Consequential Week
And the Speakership Goes to…
How Big is a House Governing Majority?
Short term Continuing Resolution (CR) gets a vote
Quick Hit What It Means September 8, 2015 Congress returns today Here’s the quick rundown:
The Grinding Gears of CongressThe House and Senate continue to tout their individual successes, passing legislation that either won’t or can’t survive the environment of the other chamber:
FY 16 Authorizations and Appropriations — not yet on the same pageWe’re likely to see a compromise end game sometime in November that offers some sequester relief, but that also requires DoD to find as much as 19B (worst case) in cuts from what the President requested for FY16.
Headlines Suggest Appropriations Progress – Is it Real? We will continue to see appropriations bills move through the process and pass with Republican majorities; however, a fundamental challenge of dealing with Budget Control Act (BCA) caps will bring the process to a halt in September.
While the world watched for royal baby news, beltway insiders continued to track the FY16 Budget process. Finally, a Budget deal has been agreed — but primarily agreed by Republicans. The House passed the measure last week, largely along party lines (226-197) .