Talks to Avert Federal Shutdown Continue
With less than three days before a government-wide shutdown could begin, negotiators from both parties continued discussions over an agreement to fund federal operations for the remainder of fiscal 2011.
At press time, House Speaker John Boehner (R-Ohio) and Senate Majority Leader Harry Reid (D-Nev.) were scheduled to meet with President Obama for the second consecutive day in hopes of finding a compromise over how many billions of dollars in spending should be cut from this year’s budget.
While lawmakers still are hopeful a deal can be reached, the fast approaching April 8 deadline is forcing the two sides to consider a seventh continuing resolution. House Republicans are expected to bring the one-week stopgap spending measure they introduced Monday to the floor for a vote, reported CQ Today.
The short-term measure would trim $12 billion from current spending levels while also funding DOD for the remaining six months of FY 2011. Military construction accounts would suffer $630 million in cuts, including $200 million from unobligated balances allocated for BRAC 2005. The remainder of the milcon rescissions would be spread across the services and DOD agencies.
The president, however, has said he would not sign another continuing resolution unless the two parties have agreed to terms on a deal to fund the government through Sept. 30.