Congress Wraps Up FY14 Budget

Works to Finalize Appropriations

Congress Wraps Up FY14 BudgetOn December 18, 2013, the Senate passed the Bipartisan Budget Act of 2013, H.J. Res. 59, by a vote of 64 to 36. All Democrats and Independents voted in favor, but only eight Republicans supported the measure. In contrast, the House-passed bill received significant Republican support and some opposition from Democrats.

All of NJ’s House Delegation voted in favor, except for Congress members Garrett, Pallone, and Holt.

The law establishes FY14 and FY15 spending levels, with FY14 spending at $1.012 trillion, approximately half way between the House’s federao budget resolution level of $967 billion and the Senate’s proposed level of $1.058 trillion. It also provides $63 billion in partial sequestration relief for the next two fiscal years, and reduces the deficit by $23 billion.

House Committee on Appropriations Chair Hal Rogers (R-KY) and Senate Committee on Appropriations Chair Barbara Mikulski (D-MD) are now negotiating a final set of 302(b) allocations for the twelve Appropriations Subcommittees. Subcommittee staff is expected to finalize spending bills during the Congressional recess. Chair Mikulski expects bills to be negotiated in time for Congress to advance an omnibus appropriations bill the week of January 6.

When Congress returns in 2014, it is expected to immediately advance the FY14 omnibus appropriations package to meet the deadline of January 15 when the continuing resolution (CR) currently funding the government expires. The Senate is scheduled to resume session on January 6 and the House is scheduled to return on January 7.

Now is a good time to let your members of Congress know the importance of programs to end homelessness and build homes that we can afford.

Congressional Housing Staffers