Wednesday, November 14, 2007
NEWS: Continuing Resolution Federal Budget Update
If you are looking at a calendar, you know that the Continuing Resolution that our government passed a month ago expires on Friday, November 16, 2007. The current CR is allowing the federal government to operate based on the 2007 Fiscal Year budget. Currently no appropriations bill has been signed by the President. The most recent appropriations bills, Labor-Education-Health and Human Services, was vetoed by the President and an override attempt is scheduled in the House for tomorrow. We are expecting to see another Continuing Resolution signed that will permit the federal government to keep operating at its current budget. This second Continuing Resolution will expire in December before the planned Holiday break.