Fiscal years have now collapsed into fiscal weeks.An article worth your time.
With no sign of a compromise on the horizon, House Republican leaders have taken the initiative and will unveil another stopgap funding bill on Friday that will cut roughly $6 billion from current discretionary spending levels and continue to fund the government for three weeks past the March 18 expiration of the current continuing resolution.
The cuts are expected to come from a mix of earmarks and programs targeted for termination in President Obama's fiscal 2012 budget, a combination intended to ensure passage in the Senate, which is controlled by Democrats.
Friday, March 11, 2011
New continuing resolution shows GOP's strong hand
Government Executive reports: