Summary
Congress approved—and the president signed—a third continuing resolution (CR) for fiscal year (FY) 2018 that will keep the federal government operating until January 19, 2018. The CR:
- appropriates short-term mandatory funding the Children’s Health Insurance Program (CHIP), Community Health Centers, and a few other programs
- prevents the new tax law from triggering mandatory spending cuts
- rescinds $750 million from the Prevention and Public Health Fund in FYs 2019-2022
- maintains the -0.6791% across-the-board (ATB) rescission for most discretionary programs included in earlier CRs
This Budget Brief highlights key provisions of the CR. Table 1 shows annualized funding for major grants under it.