Monday, January 31, 2022

Complicated plot

Congressional negotiators are in danger of missing the Feb. 18 deadline for passing an omnibus package of the annual appropriations for fiscal 2022.

A shutdown is unlikely, but members of the Senate Appropriations Committee from both parties warn that if negotiators blow through the mid-February deadline, it increases the likelihood that Biden will have to settle for a yearlong stopgap funding measure to keep the government open.

That would prevent him from putting his own stamp on department and agency budgets while Democrats control Congress.

They have a sudden 25% increase in interest charges. Their programs will all want inflation adjustments. COLAs are mandated by law. Californians think this is just a few buttons and levers.  

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