Federal Budget Update
January 22, 2024
Congress passed a two-tiered continuing resolution last week to keep the federal government open through March 1 and March 8. The extensions give appropriators more time to draft the bills to implement the $1.7 trillion spending deal reached by congressional leaders.
The delay in the 2024 appropriations process further complicates negotiations over a supplemental spending bill to provide support for Ukraine, Israel, humanitarian relief in Gaza, and Taiwan. Speaker Johnson has promised his House colleagues that any such supplemental spending bill must include immigration and border policy changes.