Sep 25, 2008

Continuing Funding Bill Passes House Of Representatives

The House of Representatives has passed a Continuing Resolution (CR) to keep the government operating until appropriations bills can be passed. This will allow government agencies to spend money at the same rate as under the 2008 appropriations acts, which expire on September 30. until March 6, 2009. There had been hope that Social Security would be allowed to spend money at a higher rate than that, but, as best I can tell, Social Security did not receive such a dispensation from the House of Representatives.

1 comment:

Anonymous said...

The most important thing.

The bill also provides for an average 3.9 percent pay raise in 2009 for federal employees