One Down, One to Go
Last week Congress completed work on FY11 funding, as the compromise spending agreement reached by White House and Congressional negotiators was passed by both the House and the Senate and signed into law. The FY11 spending agreement (H.R. 1473) cuts $38.5 billion in discretionary spending and provides $50.1 billion for the International Affairs Budget, an 11.4% cut from FY10 levels and 14.8% below the President’s FY11 request. USGLC released an analysis of the International Affairs Budget provisions in the final agreement. Also last week, the House passed an FY12 Budget Resolution that cuts the International Affairs Budget 18% from the newly adopted FY11 funding level and 27% from FY10 levels. Congress is on a two-week recess and will return for legislative work on May 2.