Budget Brief 18-03
January 24, 2018
Summary 

After a three-day federal government shutdown, Congress passed—and the president signed—a fourth continuing resolution (CR) for fiscal year (FY) 2018. The CR (H.R. 195):

  • keeps the federal government operating through February 8, 2018

  • reimburses states for costs incurred for operating federal programs during the shutdown (this provision also applies to future funding lapses in FY 2018 should they occur)

  • extends funding for the Children’s Health Insurance Program (CHIP) and related programs through FY 2023

  • suspends the Affordable Care Act (ACA) health insurer tax for calendar year (CY) 2019 (the tax will still be in effect in CY 2018)