Budgeting
President Biden submitted to Congress his discretionary budget request for fiscal year 2022.
The House and Senate passed a concurrent budget resolution giving Congress the option to use fast-track procedures to pass the president’s $1.9 trillion COVID-19 relief package with a simple majority in the Senate.
The House of Representatives voted 218-212 to pass a budget resolution for fiscal year 2021 that gives Congress the option to use fast-track procedures to pass President Biden’s $1.9 trillion COVID-19 relief package with a simple majority in the Senate.
The Trump administration and congressional leaders are close to an agreement on overall spending levels in a two-year deal to raise the budget caps, as well as a two-year debt limit increase.
President Trump today submitted to Congress his budget request for fiscal year 2020.