money

Congress Passes Continuing Resolution into New Administration

Last week the United States Senate passed a Continuing Resolution (CR) appropriations bill to fund federal government programs at Fiscal Year (FY) 2016 levels through April 28, 2017 by a vote of 63-36. The U.S. House of Representatives had passed the measure the previous day by a vote of 326-96. The government had been operating under a short-term CR that was set to expire at midnight on Friday.

Due to the length of this extension, the Federal Transit Administration (FTA) is expected to make partial-year apportionments to its grantees. The increases authorized by the Fixing America’s Surface Transportation (FAST) Act for FY 2017 will not yet be realized unfortunately in these payments.