Select Committee to Consider Calendar Year Budget Cycle

Select Committee to Consider Calendar Year Budget Cycle

One option a newly formed congressional committee charged with overhauling the budget and appropriations process will consider is shifting the federal government from a fiscal year to the calendar year, reports CQ. The idea is that Jan. 1 would serve as a more powerful incentive than the Oct. 1 start of the fiscal year for lawmakers to wrap up the next year’s appropriations bills, and put an end to the practice of relying on stopgap funding measures. The Joint Select Budget and Appropriations Reform Committee met for the first time Thursday behind closed doors.

Dan Cohen
Dan Cohen
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