President signs bill extending FY2011 Continuing Resolution until March 18
This afternoon, the President signed a bill extending the FY2011 Continuing Resolution until March 18, 2011, right before Congress begins a one-week recess.The House passed the measure on Tuesday and the Senate followed quickly this morning.The new CR cuts an $4 billion from the previous CR funding level: $1.2 billion by terminating 8 nondefense programs for which no funds were requested or were recommended for termination in the president’s FY2012 budget; and $2.7 billion by eliminating almost 50 earmarked programs and projects (none from the Department of Defense).
The way ahead for finalizing appropriations for FY2011 remains unclear.Few think that 2 weeks is enough time for the Republican-controlled House and the Democrat-controlled Senate to reach final agreement on a bill the president will sign.So, another CR extension is highly probable, possibly until April 15, when Congress is scheduled to leave town for a two-week recess.
[…] Stop Loss Special Pay (RSLSP) to March 18, 2011. The extension was authorized in the latest FY2011 Continuing Resolution. This is the fourth extension of the deadline since it was first set for October 21, […]