Fiscal Year 2012 begins in less than 3 weeks!

The new FY 2012 begins on October 1. Yes, that is less than 3 weeks away.

Currently, the U.S. House of Representatives has adopted half of the 12 annual appropriations bill including Homeland Security, Military Construction and Veterans Affairs, Agriculture, Defense, Energy & Water and Legislative Branch.  Three Committees have voted to send their bills to the House floor for debate and final passage including Commerce, Justice and Science, Financial Services, Interior & Environment.  Three Committees have yet to adopt their bills; Labor, Health and Human Services, Education, State and Foreign Operations and Transportation and Housing and Urban Development.

The U.S. Senate has only adopted one of the annual spending bills; Military Construction and Veterans Affairs, just one of the annual spending bills.

Immediately upon their return the Senate Appropriations Committee is expected to adopt the agreed-upon $1.043 trillion discretionary spending caps in the Budget control Act.  Upon passage, those FY12 discretionary spending limits will be divvied out among the respective subcommittees. The Senate Appropriations Subcommittees on Homeland Security and Agriculture are likely to mark up their bills the week of September 6th.

A House and Senate Conference Committee must negotiate respective appropriations bills and agree upon their final spending levels prior to the bills being sent to the President.

Most legislation Congress considers from now until mid-December will be done so under the portents of the JSCDR.  Recall that prior to their adjournment for the August recess, congressional leaders and the President announced that they had reached a deal to raise the debt ceiling and cut the federal deficit.  In this deal the (total $1.043 trillion) FY 2012 discretionary spending is divided into a $684 billion cap on security spending (Departments of Defense, Homeland Security, Veterans Affairs, National Nuclear Security Administration, intelligence community and international affairs) and a $359 billion cap on non-security spending. For FY 2013 the caps are $686 billion on security spending and $361 billion on non-security spending, totaling $1.047 trillion.  For subsequent fiscal years the total discretionary spending caps are increased by a total:

  • $19 billion for FY 2014
  • $20 billion for FY 2015
  • $21 billion for FY 2016
  • $24 billion for FY 2017
  • $25 billion for FY 2018 and
  • $26 billion for each fiscal year 2019-2021 (total $1.234 trillion each year).

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Cansler Consulting is an experienced lobbying firm in budgeting, agricultural, rural healthcare, and energy policies and through our Congressional relationships we can help you influence the policy makers on Capitol Hill. You can contact us at info@canslerconsulting.com or at (202) 220-3150.

Tim Cansler
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