Archives for October 2011

News-in-Brief – October 2011

Federal Funding Process Moving Slowly Once again Congress did not complete work on the new federal Fiscal Year, FY 2012, which began on October 1. Currently the government is operating under a continuing resolution (CR), a stopgap measure that keeps federal agencies open until the final appropriations bills are completed. In the past, a CR usually meant continuation of funding at the level of the previous year. However, this CR which expires on November 18 funds programs at the FY 2011 rate minus 1.503 percent. At the same time, Congress is working to finalize FY 2012 appropriations bills. In mid-September… Read More »