Senate Panel Advances 4 FY2027 Spending Bills as $3.4 Trillion Tax Law Deepens Budget Deadlock
Updated
Updated · legis1.com · Jun 22
Senate Panel Advances 4 FY2027 Spending Bills as $3.4 Trillion Tax Law Deepens Budget Deadlock
3 articles · Updated · legis1.com · Jun 22
Summary
June 25 is set for the Senate Appropriations Committee to mark up four FY2027 bills, reviving a process that had stalled for weeks and saw an earlier June 4 session canceled.
Susan Collins is pushing ahead after saying Democrats will not cooperate, leaving Republicans prepared to move the agriculture, military construction, commerce-justice-science and legislative branch bills without bipartisan agreement.
The immediate obstacle is the unresolved topline spending number: Collins and Vice Chair Patty Murray say they remain far apart on overall funding levels for the annual appropriations package.
The fiscal fight is sharpened by the recently enacted tax law, projected to add $3.4 trillion to deficits and trigger up to a 4% Medicare sequester, raising the odds Congress falls back on a continuing resolution.