House and Senate Pass Concurrent Budget Resolution
Congress has finished action on the FY16 Budget Resolution and for the International Affairs Budget, the conference agreement recommends $47.1 billion – $40.1 billion in base funding and up to $7.0 billion for Overseas Contingency Operations (OCO) funding. The funding levels specified in the budget resolution for the various budget functions, such as International Affairs, are not binding. Instead, those levels are ultimately determined by the House and Senate Appropriations Committees in their 302(b) allocations. As previously reported, the House Appropriations Committee has already released its 302(b) allocations and for State-Foreign Operations the House provides a total of $47.8 billion – $40.5 billion in base funding and $7.3 billion for OCO. We expect to see the Senate’s release of their 302(b) allocations within the next week.
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Did You Know?
The entire International Affairs Budget is a mere 1% of the total federal budget.
See how the International Affairs Budget helps strengthen our economy.
The International Affairs Budget leverages just over one percent of our overall budget to support critical development and diplomacy programs around the world. Programs funded by the International Affairs Budget create jobs here at home by opening new markets to American businesses and protect our national security by fighting terrorism and preventing conflicts before they start. This efficient investment also staffs all U.S. embassies overseas, fights pandemic disease, provides emergency response after natural disasters, implements agriculture programs to promote stability and prevent hunger, saves millions of lives with HIV/AIDS medications and provides essential good governance assistance to newly emerging democracies.