Budget Caps deal reached. New March 23rd deadline.

On Feb. 9, after both the Senate and House approved the package, the president signed the Bipartisan Budget Act of 2018. The agreement extends the previous continuing resolution until March 23, during which time appropriators will be drafting the 12 annual spending bills under the revised discretionary spending caps. As part of the agreement, congressional leaders publicly committed to setting aside at least $1 billion of the new funding to provide an increase for NIH in each of FY's 2018 and 2019, which appropriators will implement when they draft the upcoming spending bills. Included in the deal is a lifting of the federal debt ceiling.

While an immigration deal is still being negotiated, we anticipate increased activity around an omnibus spending bill that should fund the government through the end of FY 18.