Budget

New Focus On FY 2013 Spending Plan
   Battle lines are forming over what to do with FY 2013 discretionary appropriations bills following the failure to come to terms with deficit reduction. That failure doomed a move to approve an omnibus appropriations bill adopting the higher amounts in the Senate and House measures
posted 1/4/13 12:04 PM  read complete story

Housing Programs Gird For Deep Cuts
   Increasingly, federally-subsidized housing and public housing programs face deep cuts next year as advocates begin to anticipate a year-long stopgap spending law holding appropriations at the FY 2012 levels with few modifications.
posted 11/16/12 12:32 PM  read complete story

Extension Of Planned Spending Cuts Mulled
   Key lawmakers are pondering extending the sequestration of federal spending for a least a year to resolve differences regarding defense and domestic spending issues. The move would also extend the continuing resolution through Sept. 30. It is now set to expire March 26.
posted 10/12/12 12:51 PM  read complete story

Alarm Over Looming Spending Cuts
   Despite a move by a group of eight senators to hash out a bipartisan solution to the looming federal budget cuts posed by the Budget Control Act of 2011, panic is setting in among housing advocates attempting to stem the losses. The law requires an automatic across-the-board cut Jan. 2 if attempts to reach an alternate solution to curb the national debt
posted 10/5/12 10:43 AM  read complete story

Eleventh Hour Push To Change CR
   Public housing advocacy groups are mustering every political weapon in their arsenals to change the provisions of the likely stopgap spending law Congress will begin considering when lawmakers return Sept. 11 from their August recess. If the language of the continuing resolution
posted 9/4/12 5:15 PM  read complete story

White House In Budget Spotlight
   President Barack Obama must detail the first of $1.2 trillion the nation must cut from government spending if Congress cannot come to terms on a way to slash the nation’s deficit by year’s end. Obama signed the sequestration transparency law approved by Congress before lawmakers recessed for five weeks. The House vote was 414-2 to
posted 8/10/12 11:49 AM  read complete story

GOP Push For 6-Month Spending Law
   Sequestration has become a meddlesome term on Capitol Hill. No one wants to confront the prospect of massive across-the-board spending cuts head on. But the likelihood of a nearly 10% cut in key programs Jan. 1 -- housing is a major target -- looms large as opportunity to
posted 7/24/12 5:19 PM  read complete story

Spending Bill Targets HUD Programs
   House lawmakers approve legislation (HR 5652) designed to eliminate plans for FY 2013 across-the-board cuts for Defense Department programs -- a bill with the potential to increase expected cuts for HUD housing and community development programs.
posted 5/18/12 09:19 AM  read complete story

Vouchers Favored In Senate FY13 Budget
   Programs covered by the Senate HUD appropriations subcommittee will get $3.9 billion less than enacted levels in FY 2012 but housing voucher programs receive favored status in the proposed Senate FY 2013 spending bill. The overall cut in the Transportation, HUD and
posted 4/18/12 4:39 PM  read complete story

FY2013 Budget Resolution Stalled
   A move by the House to adopt a spending ceiling for FY 2013 has fallen flat on its face. The Senate leadership says it will not consider the resolution crafted by House Budget Committee Republicans and will instead work from levels set in the Budget Control Act of 2011.
posted 4/4/12 4:59 PM  read complete story