TEST Paragraph
Awards
Events/Products/Programs
Legislation
Politics and Policy
Regulations
Safety
State/Local News
Workforce Development
On Feb. 9, shortly before the White House released its 2019 budget request, both chambers of Congress passed, and the president signed, a funding agreement that sets a budget for fiscal years 2018 and 2019. The deal will raise federal spending caps by $300 billion in 2018 and 2019 and suspend the debt limit until 2019. While some Republicans expressed concerns about the increased deficit spending included in the budget deal and the need for funding offsets, most touted the agreement as a success for the U.S. military. It will provide a more than $160 billion increase in base level defense spending and an additional $140 billion in overseas contingency operations funding, which supports the U.S. military war effort and is not subject to budget caps. The bill included some funding offsets, but it is estimated to increase the deficit by $24.3 billion during the next five years. Both Democrats and Republicans touted increased funding for a number of critical government programs, including $84 billion for disaster relief and an additional $20 billion for transportation and infrastructure priorities. As part of the agreement, the corresponding congressional appropriation committees will still have to take up separate bills; Congress has until March 23 to pass a spending bill for the remainder of Fiscal Year 2018. Shortly after the president signed the bipartisan budget agreement, the Office of Management and Budget released its budget request for Fiscal Year 2019 on Feb. 12. Officially titled “An American Budget,” the president’s request shows the priorities of the administration and acts as a guide that Congress may choose to follow while creating spending bills. According to the budget proposal, the administration’s biggest priorities include the following.