FY 2010 Spending Under Way
The nitty-gritty of the fiscal year 2010 spending process is getting under way. By the beginning of the new fiscal year October 1st, Congress is supposed to pass twelve appropriations bills, spending the money in the U.S. treasury on all the operations of the government for the year.
Last week, the House passed the H.R. 2847, the Commerce/Justice/Science spending bill. It spends about $680 per U.S. family on operations of the Department of Commerce, the Department of Justice, and science-related agencies like NASA and the National Science Foundation.
Bills to fund the Department of Homeland Security have been introduced in both the House and Senate. The House bill, H.R. 2892, and the Senate bill, S. 1298, would both spend about $460 per U.S. family to fund the department.
And bills to fund the legislative branch – Congress itself – have also been introduced in both houses of Congress. The House bill – H.R. 2918 – spends about $38 per U.S. family on the operations of Congress. The Senate bill, S. 1294, comes in at about $33.
As you can see from the budget process timetable, Congress is well behind on the annual spending bills – the House Appropriations Committee was supposed to have reported all the spending bills by June 10th, and the House is supposed to finish work on all the bills by the end of the month. But it’s still ahead of schedule compared to other recent Congresses.