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October 1, What is the current funding situation for fiscal year ? Why are continuing resolutions an important part of the budget process? How often are continuing resolutions used?
Will the Air Force's EW gear fit in a smaller plane? Actionable Intelligence. How the Army wants to use artificial intelligence to hit targets MilTech. New reports shed light on fire that destroyed Navy vessel Military Times Reports. TAI installs missile destroyer on AM aircraft. Pakistan receives new Chinese-made frigate. Export-Import Bank, an organization that creates American jobs by helping to take American businesses global.
While the short-term extension protects thousands of businesses -- large and small -- from taking an unnecessary financial hit, a long-term renewal would be the best way to provide much-needed certainty to job-creators that export American-made products and services. At that point, Congress will try again to reach a budget agreement that will fund the government for the remainder of FY Yes he does! President Obama submitted a budget to Congress that provides a roadmap for accelerating economic growth, expanding opportunity for all Americans, and ensuring fiscal responsibility.
His budget shows the choices he would make within the spending levels that Congress agreed to in the Bipartisan Budget Act. Want to dive into the specifics of how the President would strengthen our economy and continue to bring down the deficit? Watch Brian Deese, Deputy Director of the Office of Management and Budget, break down the budget -- then share it with everyone who should see it:.
You are here Home Blog. Twitter Facebook Email. Without a full-year funding bill in place at the start of a fiscal year, an agency will have to manage its operations without clear direction of resources available to it. This may cause an agency to alter its plans, its rate of spending, or its spending pattern, with potential ripple effects on internal management.
An agency like the Census Bureau, for example, would find a CR very challenging while trying to plan and conduct a decennial census. Administrative burden. A CR imposes tight restrictions on the obligation of funds and there are federal penalties for spending more than authorized under law, so documentation is very important. For this reason, the administrative burden that accompanies a CR can have a significant impact on agency operations and employee productivity.
The purpose of the current CR is to keep the government open and operating past the November elections. If Democrats retain control of the House, flip the Senate, and secure the White House, there will be considerable pressure within the party to delay action on any full-year funding bill until , when a new administration will be sworn in.
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