The Budget Is Coming, The Budget Is Coming
Unlike in most years, when Congress has already passed its spending bills by now, this year we’ll have the start of the new budget planning process begin while the old budget is still in process.
As pointed out in David DeSchryver’s Federal Update, the House is set to try and finish the FY07 spending bill next week – the same week the President’s FY08 budget request comes out. Most programs are going to get no funding increase, though as usual some folks will try and get one until the bitter end.
For example, Rep. Castle in the House is trying to get education, health, and related programs bumped up in the FY07 process. He’s sending a letter with some other moderate Rs, just as they did on earlier versions of the spending legislation. They’re asking for 2 percent above FY06
Meanwhile, the Committee for a Responsible Federal Budget and the New America Foundation are holding a FY08 budget preview event on Thursday at New America that will discuss some of what may be coming down the line.If you still don't have a copy of the budget by then, you might stop by.