Budget Brief 17-17
September 8, 2017

The House and Senate have approved a continuing resolution (CR) for fiscal year (FY) 2018 that would keep the federal government operating through December 8, 2017. The CR is part of a package (H.R. 601) that includes $15 billion for hurricane response efforts and a temporary suspension of the debt limit, also through December 8.

The CR imposes a -0.6791% across-the-board (ATB) rescission for most discretionary programs. It extends the National Flood Insurance Program through December 8. However, it does not address other funding set to expire September 30, including the Airport Improvement Program, the Children’s Health Insurance Program (CHIP), and other mandatory health and human services programs.

This Budget Brief highlights key provisions of the CR, and provides details on hurricane relief. Table 1 compares funding for major grants under the CR to current and proposed levels.